Why Pinterest Stock Was Falling Today

Shares of the social media stock Pinterest (NYSE: PINS) were down on Thursday, marking a second consecutive day of the stock dropping. As of 2:56 p.m. EDT, the stock is down 3.5% on the day and is now down over 7% just this week. 

The recent fall in Pinterest stock comes after the company reported a disappointing second-quarter earnings result. Revenue and earnings came in strong, with both numbers beating analyst expectations, but monthly active users (MAUs) missed badly, growing only 9% in the period to 454 million. Analysts were expecting 482 million MAUs for the quarter.

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Source Fool.com