Pinterest Stock Slides After Advertiser Pullback Knocks Earnings -- WSJ

Dow Jones
02/13

By WSJ Staff

Pinterest shares tumbled after the social-media company projected slower revenue growth, following a pullback from advertisers that weighed on earnings.

-- Shares (PINS) slid nearly one-fifth in premarket trading to $15.05.

-- If the stock holds losses through regular trading, it will close at its lowest level in more than 5 years.

-- Shares last settled below $15 in April 2020. The company went public in 2019.

Last quarter, Pinterest's profit slid and revenue missed forecasts. The company expects growth to slow further this quarter and forecasts revenue between $951 million and $971 million.

Chief Executive William Ready said larger retailers were pulling back on advertising spending to protect their margins because of the impact of President Trump's tariffs.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 13, 2026 07:03 ET (12:03 GMT)

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