Pinterest shares are trading lower after the company issued Q3 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Pinterest shares are trading lower after the company issued Q3 revenue guidance below estimates.
July 30, 2024 | 8:12 pm
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NEGATIVE IMPACT
Pinterest shares are trading lower after the company issued Q3 revenue guidance below estimates.
The lower-than-expected Q3 revenue guidance indicates potential challenges in Pinterest's revenue growth, leading to a negative market reaction and a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100