The Trade Desk’s Descent: A Buying Opportunity?
Indeed, the stock’s trajectory was nothing short of meteoric, soaring from $27 in 2020 to its peak in December 2024. At its zenith, it was valued at 134 times free cash flow and a staggering 227 times earnings. Such numbers are the stuff of dreams, though they often come with the caveat that the sky is the limit-until it isn’t.