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Pinterest is down 22% premarket as tariffs hit earnings. Here's what's happening
"Many of the largest retailers have been disproportionately impacted by tariffs and have been pulling back on advertising spend," Pinterest's CEO said.
Raccontata da
cnbc.com
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Pinterest shares tank 20% on earnings miss, weak guidance
The company said it expects first-quarter sales to come in between $951 million to $971 million, trailing analyst estimates of $980 million.
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Pinterest is down 22% premarket as tariffs hit earnings. Here's what's happening
"Many of the largest retailers have been disproportionately impacted by tariffs and have been pulling back on advertising spend," Pinterest's CEO said.