Pinterest stock advances, Masimo shares slump on outlook and other stocks on the move

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Pinterest stock advances, Masimo shares slump on outlook and other stocks on the move
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Pinterest, Novartis and Masimo were among the stocks on the move.

Shares of Pinterest Inc.

were gaining 4% after an Evercore ISI analyst moved to a bullish stance, cheering better advertising-market conditions and improvements made by Chief Executive Bill Ready, who is about a year into his stint.Shares of Pinterest Inc. were gaining 4% after an Evercore ISI analyst moved to a bullish stance, cheering better advertising-market conditions and improvements made by Chief Executive Bill Ready, who is about a year into his stint.Telephone & Data Systems stock TDS rose 10% ahead of the open, after skidding 8% on Monday when it was downgraded on concerns over legacy lead cables.Shares of Masimo Corp.

tumbled 26% after the hospital-equipment maker forecast second-quarter sales that were far below estimates and tempered sales expectations for the full year.

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