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Why Fastly, Pinterest, and Virgin Galactic Stocks Fell Sharply Today

Daniel Sparks, The Motley Fool
·3-min read
Why Fastly, Pinterest, and Virgin Galactic Stocks Fell Sharply Today

Shares of Fastly (NYSE: FSLY), Pinterest (NYSE: PINS), and Virgin Galactic Holdings (NYSE: SPCE) all fell sharply on Monday morning. The market pullback seems to be driven by a combination of concerns about an indebted major property developer in China and worries about potential signals from the Federal Reserve this week regarding plans to reduce monetary stimulus. It's not surprising to see stocks of edge-computing specialist Fastly, visual search and media platform Pinterest, and aerospace and travel company Virgin Galactic falling more sharply than the overall market today.

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