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Pinterest Tumbles as Advertiser Pullback Weighs on Fourth-Quarter Earnings, Guidance

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Pinterest PINS -16.83%decrease; red down pointing triangle shares tumbled after the company projected revenue growth slowing in the first quarter amid a pullback from advertisers that weighed on the company’s fourth-quarter earnings.

Shares slid 18.5% to $15.10 in after-hours trading after closing the market session down 2.9% at $18.54.

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