Why The Trade Desk Stock Was Sliding Today

The ad tech leader posted a solid third-quarter report, but valuation concerns caught up with it.Shares of The Trade Desk (TTD -5.60%) were falling today as a solid earnings report wasn't enough to please investors in the high-priced ad tech stock.As a result, shares were down 6.9% as of 11:52 a.m. ET on Friday. Good, but not good enoughThe Trade Desk came into the third-quarter earnings report with a sky-high valuation, which seemed to be the reason the stock fell, since investors wanted a wider beat than ...