Shares of the adtech specialist fell as much as 27.3% on Friday, reaching lows not seen since early 2019. The company reported Q2 revenue of $715 million, missing analysts' consensus estimate of $753 million, and adjusted EPS slumped 17% to $0.34. Furthermore, The Trade Desk issued weak Q3 revenue guidance of $650 million, significantly below expectations of $807 million, leading to a flurry of downgrades and price target cuts from Wall Street.