The Trade Desk shares are trading lower in sympathy with Meta Platforms, which reported Q1 results.
Portfolio Pulse from Benzinga Newsdesk
The Trade Desk shares are trading lower due to negative sentiment following Meta Platforms' Q1 results announcement.
April 24, 2024 | 8:15 pm
News sentiment analysis
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NEGATIVE IMPACT
The Trade Desk's stock price is negatively impacted by Meta Platforms' Q1 results.
The Trade Desk's shares are trading lower as a reaction to Meta Platforms' Q1 results, indicating a negative sentiment transfer from Meta to The Trade Desk in the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Meta Platforms' Q1 results announcement has negatively influenced The Trade Desk's stock price.
Although the direct impact on Meta Platforms' stock isn't specified, the negative sentiment from their Q1 results has indirectly affected The Trade Desk's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50