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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With The Trade Desk (TTD) Stock Tuesday?

Trade Desk TTD The Trade Desk Trade Desk Inc Benzinga Edge
The Trade Desk, Inc.

Shares of ad-tech leader Trade Desk Inc (NASDAQ:TTD) are trading marginally higher Tuesday, staging a modest rebound after a near 50% plunge since the beginning of August. Here’s what investors need to know.

What To Know: The stock has faced significant headwinds in recent weeks, including a downgrade last Wednesday from Morgan Stanley, which lowered its rating to Equal-Weight from Overweight and cut its price target to $50 from $80.

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