Pinterest (NYSE:PINS) Director Sells 46,875 Shares of Stock
4 Articles
4 Articles
Pinterest (NYSE:PINS) Director Sells 46,875 Shares of Stock
Pinterest, Inc. (NYSE:PINS - Get Free Report) Director Benjamin Silbermann sold 46,875 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $20.07, for a total value of $940,781.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
The Pinterest shares have closed at $18.28, on the minimums of the day, marking the seventh consecutive session in red. The resignation of the CFO has aggravated an already tense picture. The technical analysis shows a dominant downward trend, but with signs of hypersold so extreme to reopen the debate on a possible pause. PINS is daily graphic [...]
Pinterest (PINS) Stock Drops 9% After CEO Flags International Headwinds
TLDR Pinterest stock fell more than 9% on Wednesday, hitting its lowest intraday level since May. CEO Bill Ready said at the Goldman Sachs Communacopia + Technology Conference he would not update guidance and flagged new international pressures. New European rules limiting Asia-based cross-border...
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