The Trade Desk (TTD) Stock: Why Shares Plunged After Beating Q3 Estimates

TLDR The Trade Desk delivered Q3 earnings of $0.45 per share, beating the $0.44 estimate, with revenue reaching $739.43 million Stock price whipsawed in after-hours trading, initially jumping 13% before reversing to drop nearly 5% Q4 revenue guidance came in at $840 million minimum, topping the $830.9 million consensus forecast Customer retention held above 95% [...]

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