Why Did Pinterest Stock Crash Despite Earnings Beat?

In this video, I will go over Pinterest's (NYSE: PINS) first-quarter earnings report and explain why investors should be excited about what's to come this year regarding future growth potential, profitability, and shareholder value. While the stock might take a hit in the short term, I believe investors should be looking at the underlying business.

*Stock prices used were from the trading day of April 27, 2023. The video was published on April 28, 2023.

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Neil Rozenbaum has positions in Pinterest. The Motley Fool has positions in and recommends Pinterest. The Motley Fool has a disclosure policy. Neil 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.