NewsTradingSentimentCalendarCommunityBriefing
Sign in
Stocks

Trade Desk Faces S&P 500 Exit and Workforce Cuts

By Stocks Desk · 2026-09-08 · Updated 2026-09-09 19:19 UTC
A flat vector illustration of a digital advertising dashboard interface featuring abstract data visualizations and geometric shapes representing market trends.
Illustration: Tradingbird

Trade Desk shares have plummeted following its removal from the S&P 500 and a 15% workforce cut, but analysts suggest the recent selling may have created a capitulation low as the stock now trades at a significantly discounted valuation.

  • According to a new analysis from GN stocks/sp500, The Trade Desk’s removal from the S&P 500 may have triggered a capitulation low, with the stock now trading at an attractive 2.5x sales valuation despite missed Q2 earnings and weak Q3 guidance.

    Source: GN stocks/sp500

  • Trade Desk shares have fallen sharply following its removal from the S&P 500 and a 15% reduction in headcount. The company now navigates intense competition from Amazon while attempting to stabilize its digital advertising platform.

    Source: GN stocks/nasdaq
Based on reporting by GN stocks/nasdaq and GN stocks/sp500, compiled by the Tradingbird desk.

Read next

More in Stocks
A flat-vector illustration of a smartphone silhouette with abstract geometric shapes representing chat bubbles, set against a blurred city skyline background.
Stocks · Communication Services

Reddit Rally Drives Leveraged ETFs to Double-Digit Gains

Reddit's 6% stock jump on Thursday amplified into near 12% gains for its 2x leveraged ETFs, driven by CEO Steve Huffman's comments on user growth and Piper Sandler's revised ad forecasts.

2026-09-11Illustration: Tradingbird
A stylized red speech bubble icon floating above a digital grid
Stocks · Communication Services

Reddit Joins S&P 500, Driving Index Demand

Reddit Inc. shares surged following an off-cycle S&P 500 inclusion announcement, marking a shift in institutional positioning.

2026-09-11Illustration: Tradingbird
A modern point-of-sale terminal with a blank screen
Stocks · Communication Services

SurgePays Closes $27.5M Sale of POS and Wireless Assets

SurgePays Inc. finalized the divestiture of its point-of-sale and prepaid wireless divisions to GPO Plus Inc., a transaction structured to reinforce the company’s balance sheet while refocusing operations on core fintech services.

2026-09-11Illustration: Tradingbird

More from the Stocks desk

All desk stories
  • A modern retail store entrance with glass doors and a sidewalk
    Illustration: Tradingbird

    Pre-Market Consumer Discretionary Stocks Show Divergence

    Consumer discretionary stocks exhibited mixed pre-market performance, with earnings releases driving significant volatility among small-cap names in the sector.

    2026-09-11
  • A cleanroom environment with rows of automated manufacturing machinery and robotic arms
    Illustration: Tradingbird

    Amkor and Ultra Clean Ride AI Packaging Demand

    AI infrastructure spending is driving record revenue for semiconductor equipment makers, with Amkor posting 26% growth in computing sales.

    2026-09-11
  • A modern glass skyscraper reflecting the sky
    Illustration: Tradingbird

    Financial Stocks Post 18% Earnings Growth Amid Low Valuations

    State Street Investment Management reports that financial sector earnings grew 18% year-over-year, significantly exceeding expectations. With price-to-earnings multiples at 15-year lows and rising interest rates supporting bank profitability, the sector is positioned for continued strength.

    2026-09-11