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Fly News Breaks for November 1, 2019
PINS
Nov 1, 2019 | 08:49 EDT
MKM Partners analyst Rohit Kulkarni lowered his price target on Pinterest to $22 and kept his Neutral rating after its "disappointing" Q3 results, with a revenue miss driven by slower than expected growth in monetization and an in-line growth in the number of monthly active users. The analyst notes that while the company has made "clear strides" toward profitability, the stock is now in an "execution penalty box" as it remains in "very early stages" in terms of monetization and international expansion.
News For PINS From the Last 2 Days
PINS
Apr 23, 2024 | 13:19 EDT
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report first quarter 2024 results after market close on Wednesday, April 24 with a conference call scheduled for 5 pm ET. Here's what to... To see the rest of the story go to thefly.com. See Story Here
