|Bid||2,055.50 x 0|
|Ask||2,059.00 x 0|
|Day's range||2,047.50 - 2,125.50|
|52-week range||1,918.60 - 2,702.50|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||22.36|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Snap's (SNAP) stock is down 40% mid-morning after slashing its second-quarter revenue and earnings outlook and giving a bleak warning about the macro environment.
(Bloomberg) -- Social media stocks lost more than $160 billion in market value Tuesday after Snap Inc.’s profit warning, adding to woes for a sector that is already reeling from stalling user growth and rate-hike fears. Most Read from BloombergBroadcom in Talks to Acquire Cloud Company VMwareBiden’s Latest Taiwan Gaffe Stokes Tensions With BeijingStocks Climb in Risk-On Day While Bonds Decline: Markets WrapStocks Slump Amid Economic Data, Snap’s Warning: Markets WrapBiden Misspeaks on Taiwan, Sa
The Trade Desk (NASDAQ: TTD) has pulled back nearly 53% from its all-time high. This sell-off in the stock, however, creates a great long-term opportunity for investors who are optimistic about the digital advertising space. The Trade Desk continues to make progress expanding into its addressable market.