Market Notes

Trade Desk Craters 22% on Guidance Miss and Leadership Shakeup as Cloudflare Jumps 17%

· 3 min read · by Sarah Mitchell, Nova Ventures Research

The Trade Desk sank 22% after hours on a revenue and EPS miss, weak Q3 guidance, and a leadership shakeup, while Cloudflare surged 17% on strong guidance and Airbnb jumped 9% on a beat-and-raise quarter. DraftKings and Sweetgreen both fell short of estimates.

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