The Trade Desk Falls 18% on Concerns of Weak Ad Spend Going into Holiday Season: Time to Sell?

By |2023-12-07T19:48:13+00:00November 10th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Friday morning was a rude awakening for shareholders of the Trade Desk (TTD), which fell more than 18% after delivering third-quarter earnings Thursday evening. Despite exceeding analysts’ forecasts, the stock is down on concerns of a weak ad environment going into the biggest quarter of the year. The digital ad platform reported revenue of [...]