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4.25896192061154E-06 0 0.000856051346044887 -0.00042163723014145 -0.000928453698695434 0.00298553230635565 0.00298553230635565 0.00255963611429359
Stock impact report

The Trade Desk under pressure after audit allegations, Jefferies flags growth risks [Yahoo! Finance]

The Trade Desk, Inc. - Class A (TTD) 
Last the trade desk, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thetradedesk.com
Company Research Source: Yahoo! Finance
Jefferies analysts have struck a cautious tone on The Trade Desk (NASDAQ:TTD), warning that recent developments involving one of its largest agency partners could pose risks to future revenue growth, even as the company disputes the claims. This follows media reports that Publicis Groupe is no longer recommending The Trade Desk as a demand-side platform to clients after a third-party audit. According to those reports, the audit, conducted by FirmDecisions, alleged that the company charged “multiple fees beyond what was contractually agreed” and in some cases applied its DSP fee on top of other charges in ways “not supported by the MSA.” It also questioned whether media and data costs were consistently passed through at cost, as required under client agreements. A Publicis spokesperson confirmed the authenticity of an internal memo outlining the findings, while The Trade Desk has publicly refuted the allegations. Jefferies framed the situation as a potential turning point. “It Show less Read more
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