
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.