TTD Stock Sinks Over 26% On Earnings Miss, Weak Outlook — Retail Says Trade Desk’s Guidance Is The Real Problem
The ad-tech company missed revenue and earnings expectations, while a weaker forecast overshadowed strong customer retention and sent shares sharply lower after hours. Revenue and adjusted EPS both came in below Wall Street expectations for the second quarter. Third-quarter guidance missed analyst forecasts by a wide margin. Stocktwits retail sentiment was ‘extremely bullish’ despite the … Read more