Pinterest (PINS) stock tumbles as weak outlook flags tariff-hit retailer ad pullback
Pinterest shares fell 18% to $15.23 Friday after forecasting first-quarter revenue below Wall Street estimates. The company cited retailer ad pullbacks linked to tariffs. Fourth-quarter revenue rose 14% to $1.319 billion, with global monthly active users at 619 million. At least 24 brokerages cut price targets as competition from AI-driven rivals intensifies.