Workflow
Pinterest stock tanks 20% on Q4 earnings
PINSPinterest(PINS) Invezz·2024-02-08 21:11

Pinterest Inc (NYSE: PINS) crashed 20% in extended hours after reporting disappointing revenue for its fiscal fourth quarter.Pinterest stock down on muted guidanceCopy link to sectionInvestors are concerned also because the management issued downbeat guidance for the future. The social media and image sharing company now forecasts its revenue to fall between $690 million and $705 million in its current financial quarter. Analysts, in comparison, were at $703 million. Still, Bill Ready – the chief executive ...