Veytics Intelligence
2026-09-21 · NASDAQ

Why I'm Still Not Buying The Trade Desk Stock After a 90% Drop

Key Points Third-quarter guidance calls for revenue of at least $650 million, down about 12% from a year earlier. The Trade Desk said in early September it will cut about 15% of its workforce. Customer retention remained above 95% in the second quarter. 10 stocks we like better than The Trade Desk › The Trade Desk (NASDAQ:TTD) is getting smaller. Earlier this month, the advertising technology company said it will cut about 15% of its workforce, a reduction it expects to substantially complete this quarter. The announcement came about a month after management guided for third-quarter revenue of at least $650 million -- down about 12% from the $739 million the company generated in the same quarter last year. Missed AI’s "Act 1"?

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