Pinterest shares dropped 20% on Wednesday after the company forecast Q4 revenue below estimates as advertising took a hit from retailers dealing with tariffs (Jaures Yip/CNBC)
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Pinterest shares dropped 20% on Wednesday after the company forecast Q4 revenue below estimates as advertising took a hit from retailers dealing with tariffs (Jaures Yip/CNBC)
Pinterest's shares plummeted by 20% after the company announced that its Q4 revenue forecast fell short of expectations. This decline is attributed to a downturn in advertising revenue, as retailers struggle with the impact of tariffs. This news is significant as it highlights the challenges that digital advertising platforms face in a fluctuating economic environment, particularly when external factors like tariffs affect their clients' spending.
— via World Pulse Now AI Editorial System






