Trade Desk shares plunge about 30% on weak guidance tied to auto

on Nov 10, 2023 04:00:AM

The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts’ estimates. For the December period, Trade Desk projected revenue of at least $580 million, trailing the $610 million that was expected by analysts, according to LSEG. A Trade Desk […]