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Pinterest expenses skyrocket during the second quarter

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Pinterest expenses skyrocket during the second quarter

A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning Pinterest made its initial public offering, April 18, 2019.

Spencer Platt | Getty Images News | Getty Images

Pinterest shares sank about 4% after the company’s second-quarter earnings report revealed expenses grew faster than revenue.

Here’s how the company did.

  • Revenue: $708 million vs. $696 million expected, according to Refinitiv.
  • Earnings:…

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