Barron's says the advertising technology company's shares were down 70% over the prior 12 months and cautions that the cuts may not be enough to turn the stock around.
Barron's reported on September 4 that Trade Desk stock rose on plans to cut its workforce by 15%. The publisher says the company hopes restructuring will help address its stock's underperformance, with shares down 70% over the prior 12 months. But Barron's cautions that the plan may not be enough to reverse that slide.
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Barron's says the advertising technology company's shares were down 70% over the prior 12 months and cautions that the cuts may not be enough to turn the stock around.
Barron's reported on September 4 that Trade Desk stock rose on plans to cut its workforce by 15%. The publisher says the company hopes restructuring will help address its stock's underperformance, with shares down 70% over the prior 12 months. But Barron's cautions that the plan may not be enough to reverse that slide.
Barron's@barronsonlineTrade Desk Stock Rises on Plans to Cut Workforce by 15% https://trib.al/xFZmP2x
Barron's@barronsonlineTrade Desk Stock Rises on Plans to Cut Workforce by 15% https://trib.al/xFZmP2x
