Form 8-K Trade Desk, Inc. For: Nov 09
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
The Trade Desk (TTD) craters on weak guidance; analysts say buy after 'dust settles'
November 9, 2023 4:50 PM EST(Updated - November 10, 2023 6:54 AM EST)
The Trade Desk Inc. (NASDAQ: TTD) shares plunged 27% in pre-open trading Friday, but are off their worse overnight levels, after reporting better-than-expected third quarter results but providing fourth quarter guidance below the Street. About a half-dozen analysts have slashed numbers following the weak guidance, but most remain positive on the company's long-term trends.
The ad tech company reported that revenue in the third quarter rose 25% to $493 million, topping the consensus of $486.9 million. Non-GAAP EPS was $0.33, versus the consensus of $0.29.
For the fourth quarter, the company... More
