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Trade Desk Faces Sell Calls After Abrupt CFO Ouster, Guidance Reaffirmed

Investor unease grows as Wall Street questions governance, execution.

Overview

  • The Trade Desk said it fired its chief financial officer after only five months and reaffirmed fourth-quarter guidance.
  • Jim Cramer urged investors to sell, calling the surprise finance exit a red flag for confidence in the business.
  • Cramer noted the stock finished last year down about 68% as the S&P 500’s worst performer and is down roughly 20% so far in 2026, including a 17% slide this week.
  • The company is slated to report full results in February, a key moment for insight on performance and outlook.
  • A bullish thesis summarized by Insider Monkey depicts a programmatic ad leader with strong client retention but near-term pressure from softer digital ad spending and large-platform competition, projecting about 17% 2025 revenue growth and a 14.5% net margin.