The Trade Desk (TTD) Plunged 22%. Did its Agency Problem Just Become an Earnings Problem?
The Trade Desk (NASDAQ:TTD) shares fell about 21.9% after its Q2 results and weaker Q3 outlook. Revenue rose 3% to $715M, below estimates near $753M and guidance of at least $750M. Q3 guidance calls for revenue at least $650M (vs about $807M expected) and adjusted EBITDA around $160M. The article links the drop to client spending and execution/measurement concerns.





