
Shares of The Trade Desk Inc. (NASDAQ: TTD) have been under pressure for almost all of 2025. After peaking around this time last year, the stock has gone on to fall 70%, wiping out years of gains and sending shares back to levels last seen in 2020.
It’s been one of the worst performers in the software and ad-tech sector, as investors bail on anything tied to digital advertising amid concerns about shrinking budgets and weak consumer spending.