Pinterest Stock Slips as Q3 Profits Fall Short
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Pinterest's stock dropped by 16% after the company's third-quarter net income failed to meet expectations.
November 08, 2024 | 6:00 pm
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Pinterest's stock fell by 16% due to third-quarter net income missing estimates, indicating investor disappointment.
The significant drop in Pinterest's stock price is directly linked to the company's failure to meet net income expectations for Q3. This suggests a negative investor sentiment and potential concerns about the company's financial performance.
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