Shares of Pinterest Inc. fell 17% in extended trading after the company posted a wider-than-expected loss in its first quarterly report following its public-market debut.
The San Francisco-based visual and photo-sharing company on Thursday reported a first-quarter net loss of $41.4 million, or 33 cents a share, compared with a net loss of $52.7 million, or 42 cents a share, a year earlier.
A profitless company cashed out to greater fools at peak hype and morons are taking a loss. I'm shocked. Mouth agape.
Why do you think they rushed with the IPO?
rob_52
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite: