Pinterest falls short of quarterly revenue estimates, shares tank
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(Reuters) - Pinterest Inc on Thursday missed Wall Street estimates for third-quarter revenue, as it earned lower-than-expected average revenue per user.Shares of the online scrapbook company, which have risen about 36% from its initial public offering price in April, dipped about 16% to $21.07 in extended trading. Pinterest, on average, earned revenue of 90 cents per user globally in the quarter. Analysts were expecting average revenue of 91 cents per user, according to research firm..