Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to disappointing financial results and operational challenges, leading to significant stock price decline [1][3][5]. Financial Performance - For the fourth quarter and full year of 2024, Trade Desk reported revenue of $741 million, which was below the previously issued guidance of "at least" $756 million [3]. - Following the earnings announcement, Trade Desk's stock price dropped by $40.31, or 32.98%, closing at $81.92 per share on February 13, 2025 [5]. Operational Challenges - The company disclosed that its digital advertising platform, Kokai, experienced a slower rollout than anticipated, attributed to a cautious approach to understanding customer needs [4]. - Trade Desk acknowledged "a series of small execution missteps" and underwent the "largest reorganization in company history" to address these operational challenges [4].

The Trade Desk (TTD) shares have lost 18.2% over the past month amid broader market volatility. The indices have been affected by the escalating tariff and trade tensions between the United States and other countries, especially China. Expectations of supply chain disruptions and associated inflationary pressure and a possible global recession are keeping investors on edge, leading to a broader market sell-off. Though President Trump’s announcement of a 90-day pause on reciprocal tariffs led to strong gains ...

On February 12, 2025, after market hours, Trade Desk reported its fourth quarter 2024 financial results. The company reported disappointing revenue of $741 million, well below its guidance of "at least" $756 million in revenue. During the same-day earnings call, the company admitted that "Kokai rolled out slower than we anticipated" as the company was still "trying to understand what the customer needs." On this news, the price of Trade Desk stock fell over 30% during the course of trading on February 13, 2 ...

Core Viewpoint - Rosen Law Firm is reminding purchasers of Class A common stock of The Trade Desk, Inc. about the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified period [1][5]. Group 1: Class Action Details - The class action pertains to investors who purchased Trade Desk Class A common stock between May 9, 2024, and February 12, 2025, and they may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][3]. - A lead plaintiff must file a motion with the Court by April 21, 2025, to represent other class members in the litigation [3]. Group 2: Allegations Against The Trade Desk - The lawsuit alleges that Trade Desk made false and misleading statements regarding its business operations, particularly concerning the rollout of its generative AI forecasting tool, Kokai [5]. - Specific claims include significant execution challenges in deploying Kokai, delays in its rollout, and negative impacts on revenue growth, which contradicted the positive statements made by the company [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes its experience and success in handling securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked highly for securities class action settlements [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has received recognition for its attorneys [4].

NEW YORK, April 8, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in The Trade Desk, Inc. ("The Trade Desk" or the "Company") (NASDAQ: TTD) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of The Trade Desk investors who were adversely affected by alleged securities fraud between May 9, 2024 and February 12, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/the-trade-desk-inc ...

Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to its failure to meet revenue expectations, which has resulted in significant stock price decline [1][3][5]. Financial Performance - For the fourth quarter and full year of 2024, Trade Desk reported revenue of $741 million, which was below the previously issued guidance of "at least" $756 million [3]. - Following the earnings announcement, Trade Desk's stock price dropped by $40.31, or 32.98%, closing at $81.92 per share on February 13, 2025 [5]. Operational Challenges - The company disclosed that its digital advertising platform, Kokai, experienced a slower rollout than anticipated, attributed to a careful approach to understanding customer needs [4]. - Trade Desk acknowledged "a series of small execution missteps" and underwent the "largest reorganization in company history" to address these operational challenges [4].

Core Viewpoint - A securities class action lawsuit has been filed against The Trade Desk, Inc. for allegedly making materially false and misleading statements regarding its business operations and the rollout of its new platform, Kokai, during the specified class period from May 9, 2024, to February 12, 2025 [1][2]. Group 1: Allegations Against The Trade Desk - The lawsuit claims that The Trade Desk faced significant execution challenges in transitioning clients from its older platform, Solimar, to the new Kokai platform, which delayed the rollout [2]. - It is alleged that these execution challenges negatively impacted the company's business operations and revenue growth, contradicting the positive statements made by the defendants about the company's prospects [2]. - The defendants are accused of failing to disclose material adverse facts about the company's business, leading to misleading information being provided to investors [2]. Group 2: Lead Plaintiff Process - Investors in The Trade Desk have until April 21, 2025, to seek appointment as a lead plaintiff representative for the class, which involves directing the litigation on behalf of all class members [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case and must be adequate and typical of the proposed class [3]. - Participation as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against The Trade Desk, Inc. due to allegations of misleading statements and execution challenges related to the rollout of its new platform, Kokai, which negatively impacted the company's revenue growth [2][4]. Group 1: Allegations and Impact - The complaint alleges that Trade Desk and its executives violated federal securities laws by making false statements and failing to disclose significant execution challenges in transitioning clients to Kokai from the older platform, Solimar [4]. - The execution challenges delayed the Kokai rollout and negatively impacted Trade Desk's business operations and revenue growth [4]. - Following the release of disappointing fourth quarter 2024 revenue results, Trade Desk's stock price dropped over 32%, from $122.23 to $81.92 per share [5][6]. Group 2: Legal Proceedings - Investors who suffered losses exceeding $100,000 between May 9, 2024, and February 12, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1]. - There is an April 21, 2025 deadline for investors to seek the role of lead plaintiff in the federal securities class action against Trade Desk [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will direct and oversee the litigation on behalf of the class [7].

Group 1: Market Overview - The stock market experienced a significant downturn in 2025, with the Nasdaq Composite and S&P 500 indices entering corrections, falling more than 10% from their highs [1] - Investors are currently cautious, with recommendations to maintain cash reserves and seek high-quality companies at attractive valuations [2] Group 2: The Trade Desk Performance - The Trade Desk's stock recently dropped 50% from its recent high due to a fourth-quarter 2024 earnings miss and broader market sell-off [4] - Despite missing estimates, Q4 2024 sales reached $741 million, reflecting a 22% year-over-year growth, and operating income increased from $144 million in Q4 2023 to $195 million in Q4 2024 [5] - The Trade Desk achieved record results in 2024, with trailing-12-month sales of $2.4 billion, a 26% increase over 2023, and operating income of $427 million, a 113% increase [6] Group 3: Industry Dynamics - The advertising industry, particularly programmatic advertising on streaming platforms, is experiencing growth, benefiting companies like The Trade Desk [7][8] - The Trade Desk provides valuable data and feedback to clients, enhancing its position in the market as streaming services gain popularity [8] Group 4: Valuation and Investment Potential - The Trade Desk's stock is now trading at a price-to-sales ratio of 9 on a forward basis, which is significantly lower than recent valuations [10] - The market's current pricing of The Trade Desk stock suggests it is undervalued despite the company's solid track record and ongoing growth potential [10]

Core Viewpoint - Securities class action lawsuits have been filed against The Trade Desk, Inc. for allegedly making materially false and misleading statements regarding its business operations and the rollout of its new platform, Kokai, during the specified Class Period from May 9, 2024, to February 12, 2025 [1][2]. Group 1: Allegations Against The Trade Desk - Defendants are accused of failing to disclose significant execution challenges related to the Kokai rollout, which involved transitioning clients from the older platform, Solimar [2]. - The execution challenges reportedly delayed the Kokai rollout and negatively impacted the company's business and revenue growth [2]. - Positive statements made by the defendants about the company's operations and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 2: Lead Plaintiff Process - Investors in The Trade Desk have until April 21, 2025, to seek appointment as a lead plaintiff representative for the class action [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3].