Pinterest and Snap Face Market Challenges After Q4 Earnings Miss

Both companies struggle with weaker-than-expected results and forecasts, leading to significant stock drops and concerns over their competitive position in the digital advertising market.

Pinterest shares plummet following a disappointing Q4 earnings report, with revenue and forecast falling short of expectations.
Snapchat's parent company, Snap, also faces a significant stock drop after its Q4 earnings reveal weaker-than-expected results and guidance.
Both companies struggle in the competitive digital advertising market, lagging behind larger rivals like Meta and Alphabet.
Snap announces a 10% workforce reduction as part of its restructuring efforts to focus on growth and efficiency.
Investors express growing concerns over Snap's ability to compete and recover in the ad market, leading to a sharp decline in stock value.