What happened Shares of Pinterest (NYSE: PINS) took a hit on Friday. The visual search and media platform provider's shares fell as much as 10.8%. As of 1:33 p.m. EDT, the stock was down 8.2%. The growth stock's decline comes as a Seeking Alpha article noted that Cleveland Research's data indicates that "some omni-channel retailers are seeing Pinterest spending decelerating." Image source: Getty Images. So what "Cleveland Research says Q1 looks like it ended softer than mid-quarter expectations would indicate, and some agencies/partners noting a deceleration from Q4 levels," wrote Seeking Alpha author Jason Aycock. While it's always possible that Cleveland Research is onto something, investors should note that analysts are already modeling for a revenue growth deceleration during the period. On average, analysts are expecting Pinterest's revenue to rise 73.8%, down from 76% growth in the prior quarter. Now what Management indicated during its fourth-quarter update that it expected first-quarter revenue to grow at a rate in the low-70% range. At the time of this guidance, the company had more than a month of visibility into Q1, as the report was released on Feb. 4. Pinterest reports its first-quarter results after market close on April 27. Find out why Pinterest is one of the 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* Tom and David just revealed their ten top stock picks for investors to buy right now. Pinterest is on the list -- but there are nine others you may be overlooking. Click here to get access to the full list! *Stock Advisor returns as of February 24, 2021 Daniel Sparks has no position in any of the stocks mentioned. His clients may own shares of the companies mentioned. The Motley Fool owns shares of and recommends Pinterest. The Motley Fool has a disclosure policy.Source