Pinterest's stock fell over 15% on the day following the earnings release.
Pinterest (PINS 3.78%) reported slowing revenue growth and is grappling with an industrywide slowdown in ad spending. Finance professor and Fool.com contributor Parkev Tatevosian will review Pinterest's Q1 earnings and determine whether the stock price crash was an overreaction to the news.
*Stock prices used were the afternoon prices of April 29, 2023. The video was published on May. 1, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Pinterest. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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