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Why The Trade Desk Stock Fell 19.4% in May

TheMotleyFool

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Why The Trade Desk Stock Fell 19.4% in May

Shares of The Trade Desk (NASDAQ: TTD) slumped 19.4% in May, according to data from S&P Global Market Intelligence. The company's share price moved lower early in the month and then saw a more pronounced sell-off after the programmatic advertising company paired strong first-quarter results with guidance that appears to have fallen short of the market's expectations.