After posting what was likely its worst earnings report ever in Q4 2024, Trade Desk (NASDAQ: TTD) roared back with a vengeance in Q1 2025. The communication services company’s final report for 2024 saw it miss internal expectations on revenue for the first time in 33 quarters. Overall, it was the first time Trade Desk missed these expectations for its entire life as a public company. Being an occurrence markets had never seen, Trade Desk’s shares plummeted 33% in one day after the report.
However, the company did not turn this disappointment into a pattern in Q1. Shares popped nearly 19% after the company’s latest release on May 8. As of the May 22 close, Trade Desk has recovered 64% since the 52-week low the stock eventually hit in early April.
