Stock Of The Day – Does Capitulation Mean A Reversal For The Trade Desk?
1. TTD saw a selloff over 30% due to reduced guidance. 2. Around 55 million shares traded, signaling potential capitulation. 3. Net income margin improved from 16% to 25% year-over-year. 4. Earnings per share increased significantly from 19 cents to 36 cents. 5. Stock is near a support level of $67.50, indicating potential recovery.