TTD Stock Recent News

Jason Helfstein, Oppenheimer, joins 'Fast Money' to talk Trade Desk's stock tumbling.

Changing market themes, sector rotations and unexpected headwinds have left some formerly dominant companies trailing the broader rally. Are these "left behind" stocks down for the count or could this be a massive buying opportunity?

The Trade Desk (TTD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Shares of The Trade Desk (TTD 2.03%) were absolutely obliterated after the adtech company reported its second-quarter earnings and announced the departure of its CFO. The stock fell nearly 40% the next trading session, although one famous investor used the pullback to buy shares.

The Trade Desk faces headwinds from Amazon's rapid ad growth and macroeconomic concerns, which are possible reasons for its decelerating revenue growth. Despite competition, The Trade Desk's leadership in Connected TV (CTV) and AI-powered platforms, like Kokai, drive superior ad performance and client retention. CTV's fragmented landscape favors independent DSPs, positioning The Trade Desk for long-term growth, as advertisers shift budgets from traditional TV.

Investors tend to want to avoid stocks after they have made a significant drop. Such price action points to problems investors either did not understand previously or ignored for whatever reason.

Shares of The Trade Desk (TTD 0.18%) took a dive last week, plunging 39% on Friday after the ad tech company reported numbers that were in line with expectations, but showed that revenue growth was decelerating.

Trade Desk's 39% post-earnings selloff is a market overreaction, creating a highly attractive risk/reward entry for a dominant AdTech growth leader. Kokai, Trade Desk's new AI platform, is driving major performance improvements and accelerating client spend, supporting a strong long-term growth thesis. Secular tailwinds in Connected TV and Trade Desk's open internet strategy position it to capture significant market share as TV ad dollars shift to streaming.

Shares of The Trade Desk (TTD 0.18%) imploded last week. The stock tanked when the digital ad-buying platform company reported a much lower revenue growth rate for Q2 than it did in its previous quarter.

TTD stock slides post Q2 as macro headwinds and competition remain concerns, but CTV growth and Kokai adoption offer bright spots.