Why Pinterest, Fastly, and Teladoc Stocks Fell Sharply on Wednesday

Motley Fool2022-02-03

Key PointsIt's been a challenging start to 2022 for many growth stocks like Fastly, Pinterest, and Teladoc.All three companies report earnings this month, with Pinterest's update coming first.What ...

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Comments

Deonc
2022-02-03
Deonc
They are distruptive companies, hold for long terms. please like and comment, if agree.
Chris_CHRIS
2022-02-03
Chris_CHRIS
Like pls thanks
och
2022-02-03
och
Like
kevinlaisq
2022-02-03
kevinlaisq
Ok
sheenayam
2022-02-03
sheenayam
Waiting for Fastly to get bullish... Hopefully soon..
V K
2022-02-03
V K
Pls like tyvm[Happy]

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The three stocks were down about 7%, 9%, and 7%, respectively, as of 11:40 a.m. ET.The pullback in the three companies' shares was likely primarily due to a tough morning in the market for many tech stocks -- particularly forgrowth tech stockslike these three companies.So whatWhile the S&P 500index was flat at the time of this writing, the tech-heavy Nasdaq Compositewas down about 0.5% on Wednesday morning, highlighting a challenging day for many tech stocks. But many growth tech stocks were down several percentage points or more.The slide in stocks like Fastly, Pinterest, and Teladoc seems to be a continuation of a bearish attitude from the market toward companies like this in 2022. Many growth stocks have been slammed this year. Fastly, Pinterest, and Teladoc, for instance, have seen their stocks fall a total of 24%, 25%, and 18% year to date. 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Hopefully soon..","listText":"Waiting for Fastly to get bullish... Hopefully soon..","text":"Waiting for Fastly to get bullish... Hopefully soon..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091203467","repostId":1115043550,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091677117,"gmtCreate":1643861955483,"gmtModify":1676533865291,"author":{"id":"3577323914202336","authorId":"3577323914202336","name":"V K","avatar":"https://static.tigerbbs.com/536d624e5750dcffec704eeed9bc003b","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"3577323914202336","authorIdStr":"3577323914202336"},"htmlText":"Pls like tyvm[Happy]&nbsp;","listText":"Pls like tyvm[Happy]&nbsp;","text":"Pls like tyvm[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091677117","repostId":1115043550,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":398,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1115043550"}