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0 0 0 0.000630096367679864 -0.00286879169755366 -0.00303928836174938 -0.00303928836174938 -0.00370644922164566
Stock impact report

The Trade Desk: Effects of Lower Ad Demand In 2020 [Forbes]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: Forbes
Growth success in 2020 concept. man plan and increase of positive indicators in his... [+]business.GettyOn recent earnings calls, Snap and Google have confirmed that record ad demand in January and February was met with a significant pullback in March. While many investors are speculating the bounce back in ad tech will happen as quickly as Q3, the respective companies are declining to comment on forward guidance for the rest of the year.This analysis will look at how this will effect The Trade Desk.In my recent analysis, I question if themarket has priced in the advertising downturn. Notably, Google has plenty of cash to weather a downturn while Snap has turned towards raising debt. Meanwhile, ad exchanges, such as The Trade Desk, are particularly exposed.Here are a few reasons why I’m pivoting away from the bull thesis for The Trade Desk in 2020 and possibly into 2021.The Bull Case for The Trade Desk:To be transparent, I had predicted ad-tech to be one of thebest tech trends in 2020 Show less Read more
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