Core Viewpoint - Trade Desk's stock plummeted 38.6% following the release of its latest earnings report, prompting significant buying activity from ARK Invest, indicating confidence in the company's long-term potential despite recent challenges [1][2]. Group 1: Financial Performance - Trade Desk reported a weak Q2 performance with a lackluster outlook, compounded by the announcement of the departure of its long-serving CFO [2]. - The company's CEO, Jeff Green, warned that ongoing tariff uncertainties are putting pressure on some of the largest advertising clients globally [2]. - Year-to-date, Trade Desk's stock has declined by 54.76% [3]. Group 2: Investment Activity - ARK Invest, led by Cathie Wood, seized the opportunity to increase its stake in Trade Desk, purchasing over 725,000 shares across two actively managed funds [1]. - The flagship ARK Innovation ETF (ARKK) bought 535,292 shares, while the ARK Next Generation Internet ETF (ARKW) acquired 203,075 shares [1]. - Following the recent purchases, Trade Desk ranks 27th in ARKK's holdings with 1.57 million shares valued at approximately $85.14 million, and 29th in ARKW with 523,000 shares worth about $28.39 million [1].
Trade Desk(TTD.US)Q2绩后暴跌近40%,“木头姐”火速抄底超72.5万股