Why The Trade Desk Stock Got Smashed Today
The Trade Desk(TTD) The Motley Fool·2025-02-13 16:36Shares of advertising-technology (adtech) company The Trade Desk (TTD -32.02%) got smashed on Thursday after the company reported financial results for the fourth quarter of 2024. As of 10 a.m. ET, The Trade Desk stock was down a staggering 31% and it suddenly finds itself down 40% from its 52-week high.What happened in Q4?In Q4, The Trade Desk's revenue of $741 million came in below management's guidance and analysts' expectations, which is rare for this company. Founder and CEO Jeff Green highlighted the ...