NasdaqGM:TTDMedia
The Trade Desk (TTD): Reassessing Valuation After New Layoffs and Ongoing Ad Tech Restructuring
The Trade Desk (TTD) just announced a small round of layoffs, trimming less than 1% of its staff, a follow up to last year's larger restructuring as the ad tech environment continues to tighten.
See our latest analysis for Trade Desk.
Those small cuts sit against a much tougher backdrop, with the 1 year share price return down around 70 percent as investors reassess growth and competitive risks, even though Trade Desk is still growing revenue and margins. As a result, sentiment looks more...