Why The Trade Desk Fell Again Today
Shares of programmatic advertising software company The Trade Desk (NASDAQ: TTD) fell on Thursday, declining 5.1% on the day.
The Trade Desk has had a very difficult time over the past few years, as several Magnificent Seven digital advertising giants have threatened its market share. At the same time, its ad agency clients have expressed displeasure at what they deem excessive fees.
Thus, investors were likely very unhappy to hear that one sell-side analyst believes more headwinds will emerge as lower-cost AI-powered media-buying tools pressure The Trade Desk's take rate.
Source Fool.com


