Pinterest's forecast disappoints investors seeking holiday season ad boost

Pinterest

:Pinterest's fourth-quarter revenue forecast failed to impress investors looking for a boost from the upcoming holiday shopping season, at a time when bigger online ad sellers largely outperformed, sending its shares down 11 per cent in extended trading on Thursday. The San Francisco, California-based company also announced a new stock buyback program of up to $2 billion and canceled the September 2023 program under which $500 million were left for repurchase. Pinterest's results follow

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Pinterest's forecast disappoints investors seeking holiday season ad boost https://www.channelnewsasia.com/ - 08.11.2024 02:08
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Pinterest's forecast disappoints investors seeking holiday season ad boost https://www.channelnewsasia.com/ - 08.11.2024 02:08
Arm Holdings shares fall as revenue forecast fails to impress investors https://www.channelnewsasia.com/ - 07.11.2024 17:54
Arm Holdings shares fall after forecast fails to impress investors https://www.channelnewsasia.com/ - 07.11.2024 13:45