The Trade Desk, Inc. (TTD) shares sank 37.24 percent to $55.44, down $32.90, possibly due to investor reaction to its second-quarter earnings released yesterday.
The stock opened at $56.72 and traded between $53.18 and $56.88, compared with its previous close of $88.33 on the Nasdaq. Trading volume surged to 62.2 million shares, well above the average of 10.9 million.
The company posted net income of $90.12 million, or $0.18 per share, up from $85.02 million, or $0.17 per share, a year ago. Adjusted earnings reached $203.07 million, or $0.41 per share, while revenue rose 18.7 percent to $694.03 million from $584.55 million last year.
The Trade Desk's shares have traded between $42.96 and $141.53 over the past 52 weeks.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.