The Trade Desk Inc Class A
TTD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?y | LOCK|LC | LOCK|$$^Ph< |
The Trade Desk Earnings: Decent Quarter Hit With Large Selloff; Buy the Dip With Shares Undervalued
The Trade Desk sold off more than 30% in after-hours trading after reporting second-quarter earnings that exceeded management guidance by 2%. However, this was paired with third-quarter guidance that appears weak relative to historical precedent. Customer retention remains strong at 95%.
