TTD BREAKING NEWS: The Trade Desk, Inc. 30% Stock Drop Triggers Securities Fraud Investigation; Investors are Urged to Contact BFA Law if they Suffered Losses
13 Fevereiro 2025 - 4:50PM
Business Wire
Leading securities law firm Bleichmar Fonti & Auld
LLP announces an investigation into The Trade Desk, Inc.
(NASDAQ: TTD) for potential violations of the federal securities
laws.
If you invested in Trade Desk, you are encouraged to obtain
additional information by visiting
https://www.bfalaw.com/cases-investigations/the-trade-desk-inc.
Why is Trade Desk being Investigated?
Trade Desk is an advertising technology company that offers ad
buyers the ability to create and manage data-driven digital
advertising campaigns across ad formats and channels. During the
relevant period, Trade Desk stated that it was seeing “massive
benefits” surrounding the launch of its next-generation platform,
Kokai, and that although it was “already seeing the results of
Kokai performance today,” it was “just getting started.”
In truth, when these statements were made, the rollout of Trade
Desk’s Kokai platform apparently faltered, contributing to Trade
Desk’s first revenue miss in 33 quarters.
The Stock Declines as the Truth is Revealed
On February 12, 2025, after market hours, Trade Desk reported
its fourth quarter 2024 financial results. The company reported
disappointing revenue of $741 million, well below its guidance of
“at least” $756 million in revenue. During the same-day earnings
call, the company admitted that “Kokai rolled out slower than we
anticipated” as the company was still “trying to understand what
the customer needs.” On this news, the price of Trade Desk stock
fell over 30% during the course of trading on February 13, 2025,
from a closing price of $122.23 per share on February 12, 2025.
Click here for more information:
https://www.bfalaw.com/cases-investigations/the-trade-desk-inc.
What Can You Do?
If you invested in Trade Desk you may have legal options and are
encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no
cost to you. Shareholders are not responsible for any court costs
or expenses of litigation. The firm will seek court approval for
any potential fees and expenses.
Submit your information by visiting:
https://www.bfalaw.com/cases-investigations/the-trade-desk-inc
Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619
Why Bleichmar Fonti & Auld LLP?
Bleichmar Fonti & Auld LLP is a leading international law
firm representing plaintiffs in securities class actions and
shareholder litigation. It was named among the Top 5 plaintiff law
firms by ISS SCAS in 2023 and its attorneys have been named Titans
of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson
Reuters. Among its recent notable successes, BFA recovered over
$900 million in value from Tesla, Inc.’s Board of Directors, as
well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit
https://www.bfalaw.com.
https://www.bfalaw.com/cases-investigations/the-trade-desk-inc
Attorney advertising. Past results do not guarantee future
outcomes.
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version on businesswire.com: https://www.businesswire.com/news/home/20250213945727/en/
Ross Shikowitz ross@bfalaw.com 212-789-3619
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