— The social media platform's stock tumbled 18% in extended trading after the company reported earnings for the first quarter. Pinterest reported a loss of 10 cents per share on revenue of $272 million, while analysts estimated a loss of 9 cents per share on revenue of $270.1 million, according to Refinitiv.
— Shares of the toy company plunged 9% in extended trading after Mattel released its first-quarter financial results. The company reported a loss of 56 cents per share excluding some items on revenue of $594 million, while Wall Street expected a loss of 41 cents per share with revenue of $653 million, according to Refinitiv.
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How are prices as high as they are? Down ONLY 20% from all-time highs.
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