The Trade Desk(TTD)

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INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against The Trade Desk, Inc. (NASDAQ: TTD); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel
GlobeNewswire News Room· 2025-03-26 21:53
Core Viewpoint - A class action lawsuit has been filed against The Trade Desk, Inc. for alleged violations of federal securities laws during the class period from May 9, 2024, to February 12, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that The Trade Desk and certain senior executives made materially false and misleading statements regarding the company's business and operations [5]. - Allegations include significant execution challenges in the rollout of the Kokai platform, which was delayed and negatively impacted revenue growth [5][6]. - Investors have until April 21, 2025, to seek appointment as lead plaintiff in the class action lawsuit [2]. Group 2: Financial Impact - The truth about the Kokai rollout challenges emerged on February 12, 2025, when the company reported its fourth quarter and full year 2024 financial results, leading to a significant stock price drop of over 32% [6]. - Following the earnings call, analysts from Wedbush Securities reduced their price targets for Trade Desk, attributing the revenue miss to execution mistakes, including the delayed rollout of Kokai [6]. Group 3: Company Background - The Trade Desk is a global advertising technology company that provides an ad-buying platform for marketers to manage and optimize advertising campaigns [4]. - The Kokai platform, launched in June 2023, is a generative AI tool aimed at improving the prediction of advertising spending benefits [4].
Class Action Filed Against The Trade Desk, Inc. (TTD) - April 21, 2025 Deadline to Join – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-03-26 15:13
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of The Trade Desk, Inc. (NASDAQ: TTD). Shareholders who purchased shares of TTD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=138513&from=3 CLASS PERIOD: May 9 ...
TTD ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Class Action Lawsuit Against The Trade Desk, Inc. (TTD)
GlobeNewswire News Room· 2025-03-26 01:14
Core Viewpoint - A securities class action lawsuit has been filed against The Trade Desk, Inc. for allegedly making false and misleading statements regarding its business operations and the rollout of its new platform, Kokai, which has faced significant execution challenges [1][2]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Central District of California on behalf of investors who purchased Trade Desk Class A common stock or options between May 9, 2024, and February 12, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for April 21, 2025 [1]. Group 2: Allegations Against Defendants - 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 Trade Desk's business and revenue growth [2]. - Positive statements made by the defendants regarding the company's operations and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the April 21, 2025 deadline, or they can choose to remain absent class members [3]. - The lead plaintiff will represent all class members in directing the litigation and selecting counsel [3].
Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline for Securities Fraud Class Action Lawsuit Filed Against The Trade Desk, Inc.
Prnewswire· 2025-03-25 14:38
RADNOR, Pa., March 25, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed against The Trade Desk, Inc. ("Trade Desk") (NASDAQ: TTD) on behalf of those who purchased or otherwise acquired Trade Desk Class A common stock or call options, or sold Trade Desk put options, between May 9, 2024, and February 12, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is April 21, 2025.CONTACT KESSL ...
Here Is My Top Artificial Intelligence (AI) Stock to Buy During the Correction
The Motley Fool· 2025-03-25 08:25
Core Viewpoint - The recent decline in The Trade Desk's stock price, attributed to a missed revenue forecast, may present a buying opportunity given the company's strong future prospects and discounted stock price [1][2]. Company Overview - The Trade Desk operates as a buy-side platform for digital advertising, allowing advertisers and ad agencies to create, manage, and monitor digital ad campaigns across various channels [3]. - The platform offers a competitive advantage over larger digital advertisers like Google, as it is unbiased and focuses solely on maximizing campaign effectiveness [4][5]. Technological Edge - The Trade Desk has been leveraging AI technology since 2018 with its Koa platform, which predicts auction clearing prices and assigns relevance scores to ad placements [6]. - The introduction of the Kokai platform in 2023 enhanced the capabilities of Koa, improving forecasting and measurement, and incorporating additional data sources to increase efficiency and transparency in media buying [7]. Financial Performance - In 2024, The Trade Desk reported revenue exceeding $2.4 billion, reflecting a 26% year-over-year increase, surpassing the 23% growth rate of 2023 [8]. - However, the company's Q4 revenue of $741 million fell short of the forecasted $756 million, leading to a significant stock price drop of nearly 60% over 3.5 months [9]. - Despite the revenue miss, net income for 2024 reached $393 million, a 120% increase, and the first-quarter revenue forecast of $575 million indicates a potential 17% increase [10]. Valuation Metrics - The current P/E ratio of 72, while high, is typical for growth stocks, and the forward P/E ratio of 31 suggests potential for value investment [10]. - The P/E ratio has decreased from nearly 230 in December, indicating a more attractive valuation for investors [11]. Investment Consideration - The recent sell-off in The Trade Desk stock may position it as a top buy, especially given its essential role in helping advertisers maximize campaign effectiveness through its advanced technology [12][13]. - The improvements in the Kokai platform and sustained revenue growth further support the case for investment, as the stock is on track to be perceived as a value stock [13].
The Trade Desk, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - TTD
Prnewswire· 2025-03-24 09:45
NEW YORK, March 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of The Trade Desk, Inc. (NASDAQ: TTD).Shareholders who purchased shares of TTD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=137698&from=4CLASS PERIOD: May 9, 2024 to ...
1 Unstoppable Stock Down Over 60% That I'm Buying Like There's No Tomorrow
The Motley Fool· 2025-03-23 08:14
Core Viewpoint - The recent market sell-off has created attractive buying opportunities for long-term investors, particularly in growth stocks like The Trade Desk, which has seen significant price declines despite its long-term potential [1][2]. Company Overview - The Trade Desk operates in the programmatic advertising platform sector, assisting ad buyers in placing ads effectively across various media, including podcasts, videos, and connected TV [3][4]. Recent Performance - The Trade Desk experienced a significant decline in stock price, approximately 60% down from its all-time high, following a disappointing Q4 earnings report where revenue fell short of projections [5][8]. - In Q4, The Trade Desk reported revenue of $741 million, missing the guidance of $756 million, and projected a revenue of $575 million for Q1, indicating a 17% growth slowdown [5][6]. Management Insights - Management acknowledged execution mistakes during Q4, attributing some challenges to a platform transition from Solimar to Kokai, expected to complete by 2025 [6]. - CEO Jeff Green expressed confidence in the long-term market potential despite short-term execution issues, likening the situation to a championship team facing challenges in a specific game [6][7]. Market Opportunity - The shift towards streaming services presents a substantial opportunity for programmatic advertising, allowing targeted ads to replace traditional broad-reaching advertisements [4]. - The Trade Desk's long-term growth potential remains strong, with expectations to capture a significant market share despite current valuation concerns [9][10]. Investment Perspective - The current stock price presents a rare buying opportunity, as The Trade Desk has lost its premium valuation, making it more attractive for long-term investors [8][10]. - A forward earnings valuation of 30 times is considered a better price compared to previous months, suggesting potential for growth into this valuation [9].
Investors in The Trade Desk, Inc. Should Contact Levi & Korsinsky Before April 21, 2025 to Discuss Your Rights - TTD
Prnewswire· 2025-03-21 09:45
Core Viewpoint - A class action securities lawsuit has been filed against The Trade Desk, Inc. for alleged securities fraud affecting investors between May 9, 2024, and February 12, 2025 [1] Group 1: Allegations and Impact - The lawsuit claims that The Trade Desk faced significant execution challenges in rolling out its AI forecasting tool, Kokai, which included transitioning clients from the older platform, Solimar [2] - These execution challenges reportedly delayed the Kokai rollout, negatively impacting the company's business operations and revenue growth [2] - As a result, the positive statements made by the defendants regarding the company's business and prospects were allegedly materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 21, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
TTD Announcement: Kessler Topaz Meltzer & Check, LLP Encourages The Trade Desk, Inc. (TTD) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Prnewswire· 2025-03-20 18:25
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 lead plaintiff representatives in the class action [3]. - The lead plaintiff will represent all class members and select counsel to direct the litigation [3]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and encourages affected investors to contact them for more information [4]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].
The Gross Law Firm Reminds The Trade Desk Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 21, 2025 - TTD
Prnewswire· 2025-03-20 09:45
Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its AI forecasting tool, Kokai, and its impact on the company's business operations and revenue growth [1][2]. Group 1: Allegations and Impact - The complaint alleges that during the class period from May 9, 2024, to February 12, 2025, The Trade Desk experienced significant execution challenges in rolling out its AI tool, Kokai, which included transitioning clients from the older platform, Solimar [1]. - These execution challenges delayed the Kokai rollout, negatively impacting the company's business operations and revenue growth [1]. - As a result, the positive statements made by the company regarding its business and prospects were deemed materially false and misleading [1]. Group 2: Class Action Details - Shareholders who purchased shares of TTD during the specified class period are encouraged to register for the class action, with a deadline set for April 21, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [2]. - There is no cost or obligation for shareholders to participate in this case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that led to artificial inflation of stock prices [3].