Trade Desk announced Friday it’s significantly reducing its workforce. Wall Street approved the move.
Trade Desk announced Friday it’s significantly reducing its workforce. Wall Street approved the move.
Trade Desk stock slumped 28% in premarket trading after the advertising technology company reported second-quarter revenue that fell short of expectations.
Shares of cloud-based ad tech firm Trade Desk (TTD.O), fell by a third during premarket trading on Friday, after CEO Jeff Green warned about ongoing tariff uncertainty pressuring some of the world’s largest advertisers.