The Trade Desk (TTD) Stock Price Falls 6% Again as Publicis Rift Triggers Wall Street Downgrades
The Trade Desk shares fell 6.1% to $23.55 Wednesday after Publicis Groupe told clients it would stop recommending the platform, citing audit concerns. The drop followed a 7.4% decline Tuesday as analysts cut ratings and targets. Trade Desk disputed Publicis’s claims, saying audit requests sought confidential data. CEO Jeff Green recently bought 6 million shares, SEC filings show.