Pinterest (PINS) stock is moving lower in Wednesday morning's pre-market trading — dipping lower after the market open — after the social media platform's...
Today's shares, moving to the downside, they're sinking after giving guidance for its third quarter that disappointed the street.
Now investors, the company is now executing or expecting excuse me, revenue to come in between 885 to $900 million below expectations of $907 million. So it was that guidance that the streets really taking issue with why we're seeing shares drop of just about 7% here this morning, digging into this just a little bit more.Brad.We talked about muted engagement trends, something that Pinterest has been trying to correct here over the last couple of quarters.So a number of things that the street is taking issue with within this.According to Pinterest, it would be interesting to see how that plays out.
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