Pinterest Soars on Revenue Growth Forecasts, Instacart and Coty Also See Significant Stock Movement
Stock futures edged higher as investors awaited the second day of the Fed's policy meeting. Bausch Health saw a 6% increase after an upgrade from Jefferies, while Pinterest's stock rose over 5% following positive sentiment from Wall Street firms. Coty shares also climbed more than 5% after the company upgraded its forecasts. On the downside, Instacart's stock dropped over 5% after a volatile debut, and ARS Pharmaceuticals shares plummeted over 50% as the FDA declined to approve its nasal spray treatment.