Why Pinterest, Square, and Slack Tech Stocks Just Melted Down

Why Pinterest, Square, and Slack Tech Stocks Just Melted Down

Monday got off to an inauspicious start with the various stock market indexes falling anywhere from 2% to 3%. Tech stocks, which have soared this year, took it on the chin especially hard today. As of 2:30 p.m. EDT shares of Pinterest (NYSE: PINS) are down 5.7%, Square (NYSE: SQ) has slipped 4.7%, and Slack Technologies (NYSE: WORK) fell 4.2%.