Stock Market Today, Feb. 26: The Trade Desk Falls After Weak Revenue Guidance and Margin Pressure

The Trade Desk (NASDAQ:TTD), a self-service cloud ad-buying platform, closed Thursday at $23.95, down 4.81%. The stock fell as the market reacted to softer-than-expected fiscal Q1 revenue guidance, margin pressure, and a wave of price-target cuts. Investors are watching whether growth and profitability can reaccelerate. Trading volume reached 52.5 million shares, about 264% above its three-month average of 14.4 million shares. The Trade Desk IPO'd in 2016 and has grown 696% since going public. How the mar ...