Why The Trade Desk Was Sinking This Week
The Trade Desk (NASDAQ: TTD) is one of numerous tech stocks that has been down on its luck recently. The flameout that was Snap's profit warning on Monday exacerbated this, although reaffirmed guidance subsequently brought some investors back to The Trade Desk.
Still, the stock was down on a week-to-date basis Thursday evening; according to data compiled by S&P Global Market Intelligence, it was almost 7% in the red across that stretch of time.
Tuesday was an awful day to be even distantly associated with the digital advertising space, and The Trade Desk is a leading name in that segment.
Source Fool.com
