Pinterest Shares Drop Amid Ad Competition and Tariff Pressures
TL;DR Summary
Pinterest's stock dropped over 22% after its Q3 earnings missed estimates, despite user growth, due to concerns about slowing growth, macroeconomic factors, and potential risks from AI advancements. Analysts remain bullish on the stock's long-term prospects, but some express caution about future challenges.
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- Pinterest plunges 21%, posts second-worst day ever as tariffs drag on ad revenue CNBC
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- Pinterest shares tumble on stiff ad competition, tariff-driven pressures Reuters
- Pinterest shares sink despite AI rollout qz.com
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