The Trade Desk Stock News

The Trade Desk (TTD) shares plunged Friday after the provider of software to help businesses run ad campaigns warned that new U.S. tariffs are putting a crimp on advertising spending. The company also announced a CFO change.

Trade Desk's stock (NASDAQ: TTD) took a big hit on Friday, dropping 38% after the company released its second-quarter results and offered cautious guidance for the third quarter. While the numbers slightly beat Wall Street's expectations, investors were rattled by the more conservative outlook and news of a key executive leaving the firm.

Some say newfound competition is pressuring Trade Desk's growth, but the ad-tech company's CEO says Amazon is limited because it competes against marketing customers.

Shares of cloud-based ad tech firm Trade Desk fell by a third during premarket trading on Friday, after CEO Jeff Green warned about ongoing tariff uncertainty pressuring some of the world's largest advertisers.

Revenue came in at $694 million, up 19% from last year and ahead of expectations. Adjusted earnings per share were in line with expectations at 41 cents.

In this video, I will review The Trade Desk's (TTD -1.34%) earnings report and explain why the stock crashed. Watch the short video to learn more, consider subscribing, and click the special offer link below.

The Trade Desk stock fell by 29% in after-hours trading, despite reporting strong quarterly results. This was mainly attributed to a slight miss on the Q3 guidance and the unforeseen departure of Laura Schenkein as CFO of the company, which has unsettled investors.

A flurry of company earnings led to big stock moves early Friday.