Trade Desk Stock Headed for Worst Day Ever After Earnings

Cloud-based stock Trade Desk Inc (NASDAQ:TTD) is taking a nose dive today, last seen down 39.2% to trade at $53.68, after the company posted a second-quarter earnings miss and slower revenue growth, though revenue exceeded expectations. The firm also announced that Alex Kayyal is replacing Laura Schenkein as the CFO, while CEO Jeff Green warned of the potential impacts of tariffs.In response, BofA Global Research double downgraded Trade Desk stock to "underperform" from "buy." Wedbush and Citigroup both dow ...