Pinterest Plunges on Soft Guidance. Is This a Golden Opportunity to Buy the Dip?

It'a been a tough few months for shares of Pinterest (NYSE: PINS). The stock was crushed during the summer after the company warned of slower revenue growth when it reported its second-quarter results. Then, the stock took another hit following its third-quarter results as investors disliked the company's fourth-quarter guidance.Let's examine Pinterest's most recent results and guidance to see if this is a golden opportunity to buy the stock on the dip.Pinterest turned in another solid quarter of revenue growth, with its top line rising 18% to $898.4 million. However, it marked a continued deceleration of growth from 23% in Q1 and 21% in Q2. U.S. and Canada revenue grew 16% to $719 million, while European revenue climbed 20% to $137 million. Revenue from the rest of world (ROW) segment jumped 38% to $42 million. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool