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The Ratings Game: Pinterest shares tumble after earnings but analysts seem unfazed

Pinterest Inc. shares tumbled Friday, as analysts weighed in on the company’s first quarterly earnings since going public, with most seeming unfazed by bigger-than-expected losses.

The stock PINS, -13.48% which has been volatile since the company’s April IPO, were last down 11% at $27.56. They remain about 45% above their IPO price of $19.

The online scrapbooking company reported a net loss of $41.4 million, or 33 cents a share, on revenue of $201.9 million, up from $131 million a year ago that the company reported in filings for its IPO. After adjusting for stock-based compensation and other effects, the company claimed losses of 32 cents a share.

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