Stock Of The Day – Does Capitulation Mean A Reversal For The Trade Desk?

Shares of The Trade Desk, Inc. TTD are quiet Friday. This follows yesterday's selloff of more than 30%.But there is a good chance the stock reverses and moves higher. This is why we have made it our Stock of the Day.The move lower was driven by reduced guidance. Frustrated investors and traders who wanted to sell ‘threw in the towel' and gave up. They sold their shares regardless of the price. They just wanted to get rid of them.As a result, roughly 55 million shares traded. This is about ten times the norm ...