The Latest Breaking News from Trade Desk

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

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.

Trade Desk tanked despite solid Q2 results versus Wall Street forecasts. The stock's big gain recently shows that elevated expectations hid beneath the surface.

The Trade Desk Inc. (NASDAQ:TTD) shares plummeted 38.6% on Friday to close at $54.23, despite reporting second-quarter revenue that exceeded analyst expectations.

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.78%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.95%. September E-mini S&P futures (ESU25 ) rose +0.84%, and September E-mini Nasdaq futures (NQU25...

Trade Desk stock crashes on muted guidance and an unexpected CFO transition. Bank of America cautions against buying the post-earnings dip in TTD shares.

The Trade Desk, Inc. (NASDAQ:TTD) shares are trading lower on Friday after the company reported second quarter financial results on Thursday after the market closed.

Why did Trade Desk Inc.‘s (NASDAQ:TTD) strong quarterly performance fail to impress investors, sending its stock plummeting? As analysts weigh in, the results reveal a deeper narrative about the company’s future growth prospects and market position.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.70%. September E-mini S&P futures (ESU25 ) are up +0.54%, and September E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. September E-mini S&P futures (ESU25 ) are up +0.37%, and September E-mini Nasdaq futures...

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