Trade Desk Stock Falls Monday as Growth Slows and Wall Street Slashes Targets
The Trade Desk shares are continuing their slide Monday, extending a steep selloff following the company's recent Q2 financial update.
The Trade Desk's stock price went down because the company isn't growing as fast as people hoped, so experts lowered how much they think the stock is worth. When a company stops growing quickly, people worry it might not be as valuable, so they sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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