• The Trade Desk (TTD) is trading 4.8% down at $17.75 today after Arete Research downgraded the stock to Sell, setting an $11.60 price target.
  • Adding to the pressure, Walmart reportedly ended its exclusive retail-media partnership with The Trade Desk, opening inventory to rivals.
  • This decline follows a recent rebound from 52-week lows, with sentiment remaining fragile due to concerns over rising competition and potential deceleration in digital advertising.