The Trade Desk Declines 44% in 6 Months: How to Approach the Stock?

Key Takeaways TTD has dropped 44% in six months even as peers and sector benchmarks moved higher.CTV, retail media, Kokai and OpenPath continue to support TTD's long-term growth outlook.Rising expenses, tougher competition and macro volatility pose near-term challenges for TTD.The Trade Desk (TTD) stock has seen a sharp 44% slide over the past six months, an uncomfortable drawdown for a company viewed as one of ad tech’s leading players.TTD’s decline stands in sharp contrast to the Zacks Internet Services i ...