Trade Desk Stock Crashes 38% Even After Solid Earnings. What’s Causing the Selloff. - Barron's
1. Trade Desk shares dropped 38% after Q2 earnings and guidance. 2. Revenue growth expected to slow from 19% to 14% in Q3. 3. CFO Laura Schenkein's departure concerned investors. 4. Company valued at 13.7 times projected sales before earnings report. 5. Analysts remain optimistic with a 'Buy' rating and $100 price target.