Iwona Majkowska

Iwona Majkowska

Iwona Majkowska is a financial markets journalist at TS2.tech. She covers stocks, artificial intelligence and technology, with a focus on the stories moving U.S. and global markets. Before turning to financial journalism, she worked in equity research and financial analysis. She is a graduate of the Warsaw School of Economics. Follow Iwona Majkowska on Google News.

The Trade Desk (NASDAQ:TTD) falls 22% after outlook signals ad spending adjustment

The Trade Desk (NASDAQ:TTD) falls 22% after outlook signals ad spending adjustment

The Trade Desk dropped 21.9% on Friday after reporting quarterly revenue that fell short of analyst forecasts. The company’s third-quarter projection also lagged well below Wall Street estimates. The stock’s plunge wiped out around $1.8 billion in market capitalization, marking it as the S&P 500's biggest decliner and setting its lowest finish since January 2019.
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