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Barchart
Wajeeh Khan

Pinterest Stock Is Deeply Oversold on Earnings Selloff. Should You Buy the Dip?

Pinterest PINS Citi

Pinterest (PINS) shares closed more than 16% lower last Friday after the visual discovery firm reported a weaker-than-expected Q4 and issued disappointing guidance for the future. 

As investors reacted to an 85% year-over-year decline in net income, PINS’ relative strength index (14-day) crashed to about 16 only, indicating extremely oversold conditions. 

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