Overview
- Shares hover near $23, roughly 74% below the 52‑week high of $91.45 as of March 19.
- Publicis advised clients to avoid The Trade Desk after an audit alleged unauthorized fees, a claim the company denies citing client confidentiality constraints.
- The latest coverage highlights slowing growth, competitive pressure from Amazon, and user pushback to the Kokai rollout as contributors to weaker sentiment.
- A surprise CFO departure last August preceded steep valuation resets as Wall Street moved away from viewing the company as a premium highflier.
- One analysis notes the stock now trades near 7 times this year’s projected adjusted EBITDA, with separate reports describing unconfirmed talks about potential ad placements in ChatGPT.