Growth powerhouses Amazon, Microsoft, and Apple also reported record earnings recently. Telehealth pioneer Teladoc grew revenues 151%, and the stock dropped to its lowest levels since before the COVID pandemic. Peloton’s sales more than doubled-its stock dipped 15%.Ĭraft marketplace Etsy achieved its best quarter ever, recording 135% sales growth, and the stock has slumped to its lowest levels since last December. The company knocked earnings out of the park… and its stock lost a quarter of its value.Īnd TTD’s not the only company falling after reporting great earnings… TTD dropped 26% on Monday after reporting great earnings. including a 31% gain on February 21, 2020.īut this time, the exact opposite happened. The red circles mark the days that TTD announced quarterly financial results.Īs you can see, three of the four announcements produced giant spikes in the stock price. It covers a period from 2018–2019 when I was recommending the stock. You can see what I mean in the chart below. Now, normally, great earnings = a higher stock price for TTD. And the number of firms buying over $1 million worth of ads has more than doubled.Īnd as I mentioned, it just reported blowout earnings. In 2020, marketers spent a record $4.2 billion on its platform. The company helps advertisers buy the right ads on the internet-and business is booming. In short, TTD runs a “stock exchange” for digital ads. It soared to over $950-making it the first 10-bagger I ever recommended publicly. But I “pounded the table” to buy it multiple times back in 2018, when it was trading for less than $100/share. We don’t own the stock in any of our premium advisories. You may realize I’m talking about The Trade Desk (TTD). What do you think happened to the stock price? The company acquired a record number of customers, and it forecasts great sales again next quarter. You see, I’ve been writing this weekly RiskHedge Report for almost three years now, and one of the very first stocks I ever recommended just reported phenomenal earnings. It’s about the stock market’s recent strange behavior and the one thing ALL investors and traders should be doing about it. Today, I’m going to answer a question that’s likely on your mind. On-site session limited behavior tracking
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