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By Newton Kitonga at 2026-08-10 05:07
Sentiment: Negative
TLDRS The Trade Desk plunged 21.9% after management issued a weaker-than-expected third-quarter revenue and profit outlook. Q3 adjusted EBITDA margin is projected near 25%, down sharply from 34% reported in Q2. Revenue guidance of at least $650 million implies a sequential decline and softer advertising demand. Investors now focus on execution, pricing, and spending trends [...] The post The Trade Desk (TTD) Stock Plunges 21.9% After Weak Q3 Revenue Outlook and Margin Reset appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #Nasdaq #The Trade Desk #TTD stock
Source Coin Central