Pinterest ($PINS) has experienced high trading volume and a reverse stock split. The company has capitalized on ad recovery and strategic initiatives, leading to strong Q3 performance. Despite this, some investors believe the stock is overvalued. A valuation analysis suggests that Pinterest is overvalued by 40%. In other news, Cybin ($CYBN) has announced positive Phase 2 interim data for its CYB003 drug in treating Major Depressive Disorder. The drug showed significant improvements in depression symptoms, outperforming SSRIs, Compass, and Spravato. This breakthrough sets a new standard in mental health care. Additionally, Pinterest shares have surged after seven analysts revised their forecasts following a strong Q3 report. However, some investors believe that the stock's performance will decline from here.

PINS stock price is 34.08. PINS 52 Week low is 20.6. PINS 52 Week high is 34.85. PINS 200 day moving average is 26.74. It is currently trading above 200 day moving average. PINS 50 day moving average is 28.8 which is below(bullish) the current price. RSI (relative strength index) of PINS is 73.215 which is above (bullish) 70. Chaikin money flow (20 day) of PINS is 0.099 which is above (bullish) 0.