The Trade Desk Is Down 39% From Its Peak: Is It a Buy Now?
Over the last few years, ad platform The Trade Desk(NASDAQ:TTD) has been on fire. The company has lived and breathed hyper-growth — thanks to the disruption of traditional advertising and the shift toward digital media. As a result, The Trade Desk has delivered triple-digit percentage gains worthy of any superstar tech stock. In December 2020, The Trade Desk hit an all-time per-share high of $972 — up 5,300% from its IPO price.
But since then, this high-flying stock has come crashing back to earth….
