Trade Desk
$TTD · NASDAQ · COMMUNICATION SERVICES · 2 stories in 30 days$15.53delayed
1D +2.90%1W +11.67%1M −24.77%
The wire on $TTD
newest first · duplicate source posts collapse into one event · direct subject stories onlyThe Trade Desk to cut about 15% of workforce
The Trade Desk is restructuring. It will cut roughly 15% of staff. The reductions should be mostly done in Q3. Cash restructuring charges are estimated at $39M-$51M. The company also expects a $4M-$5M reversal of stock-based compensation.
bearish 35 · impact 40Raymond James Downgrades Trade Desk to Underperform After Weak Q2, Q3 Outlook
Raymond James downgraded TTD to Underperform. Analyst Aaron Kessler cited a below-expectations Q2, a sharply negative Q3 outlook, macro headwinds, and buyer preference for lower-cost media. He noted TTD's first-ever non-pandemic YoY revenue decline and margin deleverage, saying the valuation premium is unjustified.
bearish 20 · impact 60News tells you what happened. The tape shows whether it mattered.
Explore the exact intelligence modules available on every supported company page.
BORSAPLUSUnlock the intelligence behind the signal.
Create free account · 3 views/day