Tuesday, May 5, 2020

Pinterest flags slowing ad spend as quarterly loss widens, shares fall

Pinterest said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions, sending its shares down 18% in extended trade. https://ift.tt/3b8SStV

No comments:

Post a Comment

Leaked renders via Android Headlines show the Samsung Galaxy Z Flip 8, Z Fold 8, Watch 9, and Watch Ultra 2; the Galaxy Z Fold 8 is likely a new wide foldable (Lawrence Bonk/Engadget)

Lawrence Bonk / Engadget : Leaked renders via Android Headlines show the Samsung Galaxy Z Flip 8, Z Fold 8, Watch 9, and Watch Ultra 2; t...