Workflow
Direct Digital: Worth Buying Despite Valuation Risks
DRCTDirect Digital Holdings(DRCT) Seeking Alpha·2024-01-25 14:11

Andrii Yalanskyi Direct Digital Holdings (NASDAQ:DRCT) is one of the most exciting recent IPOs, and the firm looks positioned for significant growth. Due to strong earnings estimates, the market has valued the stock highly. While the company looks to have a promising next decade ahead, I believe investors should be cautious and consider how a potential slowdown in growth could affect the stock at its current valuation. 2024 Operations Update Direct Digital Holdings operates through Colossus SSP, Huddled Mas ...