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Markets · Investing · Business
Finance
Why The Trade Desk Stock Plunged to a New 7-Year Low Today
Investors are increasingly bearish on the adtech specialist.
Shares of The Trade Desk(NASDAQ: TTD) plunged anew on Friday, falling as much as 27.3% to lows not seen since early 2019. As of 10:48 a.m. ET, the stock was still down 19.8%.
The catalyst that sent the adtech specialist swooning was the latest in a growing string of abysmal financial reports.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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