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.
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(END) Dow Jones Newswires
February 13, 2026 07:03 ET (12:03 GMT)
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