"Pinterest Stock Plunges on Disappointing Q4 Revenue and Forecast"

Pinterest shares plunged in after-hours trading after the company issued a weaker-than-expected revenue forecast and missed on revenue, with fourth-quarter revenue at $981 million, falling short of the expected $991 million. Despite a 12% year-over-year revenue increase and a rise in monthly active users to 498 million, the company's global average revenue per user was lower than analyst estimates. The stock initially dropped 28% but recovered to a 14% decline. The report comes amid a broader digital advertising market recovery, contrasting with Snap's weak performance, and follows a 9.5% year-to-date increase in Pinterest shares.