Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

With Amazon's Ad Dominance Looming, Investor Anxiety Over Future Growth Sours Sentiment For The Trade Desk Stock

The Trade Desk, Inc.

Shares of ad-tech firm Trade Desk Inc (NASDAQ:TTD) are trading sharply lower Thursday afternoon, as recent results are being overshadowed by mounting concerns about future growth and competitive pressures.

What To Know: The stock’s recent sell-off has occurred despite the company reporting second-quarter revenue of $694 million, comfortably beating analyst expectations of approximately $685 million. The company also provided an optimistic third-quarter revenue forecast of at least $717 million.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.