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Trade Desk had investors worried. Those fears have just been confirmed. – Vested Daily

Trade Desk had investors worried. Those fears have just been confirmed.

February 13, 2025

https://images.mktw.net/im-95547088

Last Updated: Feb. 12, 2025 at 8:14 p.m. ET
First Published: Feb. 12, 2025 at 4:55 p.m. ET

Shares of Trade Desk Inc. dropped 27% in the extended session Wednesday after the ad-tech company reported lower-than-expected sales for its most recent quarter and compounded the problem by calling for lower current-quarter sales.

Trade Desk

TTD reported fourth-quarter sales of $741 million, against expectations of sales of $759 million, according to FactSet, and the company’s own rosier predictions.