Trade Desk shares drop ~38% after the company's latest earnings and projections heightened concerns about its future growth amid Amazon's rising ad-tech threat (Ryan Vlastelica/Bloomberg)
Ryan Vlastelica / Bloomberg:
Trade Desk shares drop ~38% after the company’s latest earnings and projections heightened concerns about its future growth amid Amazon’s rising ad-tech threat — Trade Desk Inc. analysts are bailing on the one-time market favorite amid growing fears that its advertising technology will get steamrolled by Amazon.com Inc.’s offerings