‘Amazon isn't competitor, and Googl…’: CEO of digi ad company that suffered its worst decline
The Trade Desk's stock plummeted despite exceeding earnings expectations, sparking debate over CEO Jeff Green's claim that Amazon isn't a major competitor. Analysts attribute the decline to Amazon's growing ad dominance, fueled by Prime Video ads and sports content. While some see Green as overly optimistic, others highlight The Trade Desk's partnerships and expansion as reasons for continued confidence.
The Trade Desk's stock plummeted despite exceeding earnings expectations, sparking debate over CEO Jeff Green's claim that Amazon isn't a major competitor. Analysts attribute the decline to Amazon's growing ad dominance, fueled by Prime Video ads and sports content. While some see Green as overly optimistic, others highlight The Trade Desk's partnerships and expansion as reasons for continued confidence.
