The Trade Desk Just Had Its Worst Day Ever. What Comes Next?

The Trade Desk has underperformed since joining the S&P index. Risk or opportunity? The Trade Desk (TTD 1.03%) has long been viewed as one of the purest ways to invest in the growth of digital advertising outside the walled gardens of Google, Meta Platforms, and Amazon. But on Aug. 8, the stock suffered its steepest single-day decline in history, falling nearly 39% after posting quarterly results that rattled Wall Street. For a company that had only just joined the S&P 500 in July, the collapse was dramatic ...