3 Expensive Tech Stocks at Risk if the Coronavirus Selloff Continues [The Motley Fool]
The Trade Desk, Inc. - Class A (TTD)
Last the trade desk, inc. - class a earnings: 2/27 04:01 pm
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US:NASDAQ Investor Relations:
investors.thetradedesk.com
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Source: The Motley Fool
The dreaded coronavirus pandemic continues to take a heavy toll on equity markets, with major indices well into bear-market territory. The Federal Reserve has cut interest rates to zero, and this news failed to reassure investors. COVID-9 has caused mayhem in China, and similar declines can be expected in other countries that are struggling to contain the virus. According to China's data from Trading Economics, in the first two months of 00, the country's retail trade fell 0.%. Industrial production was down .%, and fixed-asset investment plunged .%. So how should investors trade in such a volatile market? Well, for one, they need to avoid tech stocks that are trading at high valuations. Tech stocks tend to outperform the equity markets in a bull run but grossly underperform in a broader market sell-off. Stock valuations come crashing down in a downturn and expensive tech stocks are hit the hardest. Here, let's look at three such companies that might underperform the 00 if the sell-o
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High impacting The Trade Desk, Inc. - Class A news events
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TTD
News
- The Trade Desk, Inc. (NASDAQ: TTD) had its price target raised by analysts at Evercore ISI from $110.00 to $135.00. They now have an "outperform" rating on the stock.MarketBeat
- The Trade Desk, Inc. (NASDAQ: TTD) had its "positive" rating re-affirmed by analysts at Susquehanna. They now have a $150.00 price target on the stock.MarketBeat
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TTD
Earnings
- 11/7/24 - Beat
TTD
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- TTD's page on the SEC website