Every earnings season has its share of sell-the-news reactions that punish good stocks despite reporting solid earnings reports. The market is known
Meta and Pinterest are much more reliable social media plays.
Social Networking Stocks Q3 Highlights: Pinterest (NYSE:PINS)
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This social media cratered 14% in a single day after earnings, but analysts came to its defense.
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The social media company delivered revenue growth that matched industry leaders in the most recently completed quarter.
Despite exceeding Q3 top and bottom line expectations, weaker revenue guidance led to Pinterest PINS stock falling over -15% last Friday.While the visual recommendations provider didn’t receive a post-earnings...
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