The Trade Desk, Inc. (NASDAQ: TTD)

This lawsuit for anyone who acquired securities in The Trade Desk, Inc. (NASDAQ: TTD) from May 8, 2024 through February 12, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by knowing but failing to timely inform investors that the Company would miss guidance.

On February 12, 2025, after market hours, Trade Desk released its fourth quarter 2024 financial results, reporting revenue of $741 million, missing consensus estimates and prior guidance of $756 million. In its earnings call  held the same day, the Company also stated that its digital advertising platform, Kokai, “rolled out slower than [it] anticipated.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in The Trade Desk, Inc. (NASDAQ: TTD) from May 8, 2024 through February 12, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.