Pinterest slides on tvScientific acquisition deal

Shares of image-sharing platform Pinterest PINS.N fall 1.5% to $27.3 premarket

Co says it will acquire tvScientific, a connected TV performance advertising platform, without disclosing financial terms of the transaction

Acquisition aligns with plans to drive new sources of demand and allow advertisers to reach its 600 mln monthly active users outside the platform - PINS

Co says it does not expect deal to have a material impact on financial results

Transaction expected to close in the first half of 2026 - PINS

As of last close, shares were down 4.17% YTD