
Trade Desk slumps 28% on miss as downgrades mount, while peers stand firm
The Trade Desk shares tumbled 28% after Q2 revenue of $715 million missed estimates and its Q3 outlook of at least $650 million fell short of consensus around $805 million, triggering a broad downgrade wave as analysts cite macro pressure on advertisers, execution issues and a shift to cheaper programmatic media; meanwhile AppLovin and Magnite showed relative strength, suggesting the weakness is company-specific rather than a wider ad-tech downturn.













