The Trade Desk Stock Has Lost About 89% Since the End of 2024. Its Nov. 9 Report Is the Next Test.

The Trade Desk's stock has plummeted 89% since end of 2024, trading near $13 after an August forecast miss. The ad tech company guided for Q3 revenue of at least $650 million (down 12% YoY) and faces investor scrutiny as it has recently missed its own revenue forecasts. The company's Nov. 9 earnings report will be critical to determine if guidance credibility can be restored and whether revenue declines are stabilizing.