The Trade Desk: A Descent into Valuation

The S&P 500, that barometer of collective delusion, slipped a modest 0.53% to 6,909, while the Nasdaq Composite, ever the more volatile spirit, descended 1.18% to 22,878. A sea of red, one might say, yet a sea that conceals as much as it reveals. In the peculiar theater of advertising technology, PubMatic, against the prevailing current, rose 7.45% to $7.07, and Magnite, with an almost defiant exuberance, gained 12.61% to $13.48. Such divergence, such contradiction…is this not the very essence of the market, a constant struggle between hope and despair, between reason and madness?






