Why The Trade Desk Stock Slumped This Week
Shares of The Trade Desk (NASDAQ: TTD) had a tough time this week. The digital advertising stock slumped as much as 10.1% this week, though shares ended down roughly 7.9% over the past seven days, with no apparent reason for the downturn.
There isn't any company-specific news driving this week's decline, at least not that we could find. Rather, it appears that general market malaise heading into the fall months could be a contributing factor. The broader market was also down over the past week, with the S&P 500 slipping 2.2% this week compared with the previous Friday's close.
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Source Fool.com
