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 31, 2024 | 10:09 am
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NEGATIVE IMPACT
Pinterest shares are experiencing a decline due to the company's Q3 revenue guidance coming in below market estimates.
The lower-than-expected revenue guidance for Q3 is likely to negatively impact investor sentiment and lead to a short-term decline in Pinterest's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100