If You'd Invested $500 in The Trade Desk Stock 5 Years Ago, Here's How Much You'd Have Today

Digital advertising veteran The Trade Desk (NASDAQ: TTD) used to be hot stuff. In early December 2024, the stock had posted a market-stomping 156% gain in two years. The stock traded at market-darling valuation multiples such as 134 times free cash flow and 30 times sales. The Trade Desk made mighty Nvidia's (NASDAQ: NVDA) stock look affordable by comparison.But things have changed.The Trade Desk's recent earnings reports have been robust, but they were accompanied by a sobering market analysis and modest forward-looking guidance. The brutal market reaction wiped out several years of The Trade Desk's investor gains.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool