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Amid the Sell-Off, Is The Trade Desk Ready for a Bull Run?

·4 min read
Amid the Sell-Off, Is The Trade Desk Ready for a Bull Run?
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Late last year, investors took a deep interest in The Trade Desk (NASDAQ: TTD) as the stock shot 29% higher the day after it released its fiscal 2021 third-quarter earnings report in early November. The question for investors of The Trade Desk now is whether this constitutes an excellent opportunity to buy or if its sell-off is justified. The Trade Desk stock has delivered significant gains since launching its initial public offering in 2016, rising in value by as much as 3,600%.