Pinterest Stock Crashes After Earnings: Was It Justified?

·3 min read
Pinterest Stock Crashes After Earnings: Was It Justified?

Pinterest (NYSE: PINS) reported second-quarter results on Thursday, July 29, that disappointed investors. Although the company reported better-than-expected revenue and earnings per share, it reported lower-than-estimated monthly active users (MAU), and that's what sent shares crashing down. Pinterest reported revenue growth of 125% in Q2.

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