The Trade Desk Stock Just Got Hammered. Buy the Dip?
Shares of The Trade Desk (TTD 0.18%) imploded last week. The stock tanked when the digital ad-buying platform company reported a much lower revenue growth rate for Q2 than it did in its previous quarter. Making matters worse, the company's net profit margin narrowed significantly and management guided for even slower growth in Q3. Finally, a chief financial officer transition may have added to investor skittishness. Since the Thursday report, shares have slid about 38%. Even worse, this puts the stock at a ...