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Stock impact report

Why The Trade Desk (TTD) Stock Is Nosediving [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
French advertising company Publicis told clients to avoid the platform following a failed third-party audit. The audit alleged that The Trade Desk improperly applied fees to tools clients were automatically opted into without authorization and failed to prove that media costs were invoiced without hidden markups. According to sources, The Trade Desk denied the findings, claiming the auditor requested data that would violate confidentiality agreements. The shares closed the day at $25.05, down 7.5% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy The Trade Desk? Access our full analysis report here, it's free What Is The Market Telling Us The Trade Desk's shares are very volatile and have had 27 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change Show less Read more
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