Investigations
The Trade Desk, Inc.
Overview
Overview
- Deadline:
- Upcoming
| Company Name: | Company Name: The Trade Desk, Inc. |
| Stock Symbol: | Stock Symbol: TTD |
The Trade Desk, Inc. (NASDAQ: TTD): Trade Desk is being investigated for violations of the federal securities laws in connection with potential false and misleading statements made to investors and a subsequent significant price decline in the stock.
If you incurred losses on your investments in Trade Desk, you are encouraged to submit your information.
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.
What are my Rights?
If you incurred losses on your investments in Trade Desk, you are encouraged to submit your information to speak with an attorney about your rights.
You can also contact:
Ross Shikowitz
ross@bfalaw.com
212-789-3619
All representation is on a contingency fee basis. Shareholders are not responsible for any court costs or expenses of litigation. The Firm will seek court approval for any potential fees and expenses.
Why Bleichmar Fonti & Auld LLP?
BFA 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.
Attorney advertising. Past results do not guarantee future outcomes.
If you incurred losses on your investments in Trade Desk, you are encouraged to submit your information.
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.
What are my Rights?
If you incurred losses on your investments in Trade Desk, you are encouraged to submit your information to speak with an attorney about your rights.
You can also contact:
Ross Shikowitz
ross@bfalaw.com
212-789-3619
All representation is on a contingency fee basis. Shareholders are not responsible for any court costs or expenses of litigation. The Firm will seek court approval for any potential fees and expenses.
Why Bleichmar Fonti & Auld LLP?
BFA 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.
Attorney advertising. Past results do not guarantee future outcomes.