$PINS reports after-hours today. $ETSY reported hearing earnings and is up ~15% today.
If you look at the two stocks performance around earnings, they tend to be fairly correlated.
In this case, $PINS is battling against the tide of social companies that have been reporting worse than expected earnings and its tendency to track with $ETSY post earnings.
Something’s got to give!🤞🏼
I happen to own both stocks, @iangray, and it looks like you may be on to something! ;) With $ETSY up 13% today, it looks like $PINS is also up (though not by nearly as much!) after hours: +4%. In the case of $PINS, I was really happy to see that they appear to be monetizing users better though I wonder if there's anything about the company itself that's led $MSFT—and now $PYPL—to cancel their deals.