The Trade Desk closed at $11.95 on October 2, down 77.51% over twelve months while the wider market rose. The company earned $406.89 million of net profit over the past twelve months, a net margin of 13.61%, and holds $1.49 billion of cash against $434.11 million of debt, leaving enterprise value at $4.94 billion against a market capitalization of $6.00 billion. Free cash flow reached $582.99 million, close to a tenth of the entire market value in a single year. The decline followed a slowdown: revenue grew 3.00% in the most recent quarter and earnings fell 28.60% year over year, while 24.17% of the float is sold short. At 2.04 times sales, the market is paying roughly two dollars for every dollar of annual revenue, which is what it pays for businesses it expects to shrink.
MongoDB
Snowflake Inc.Trade Desk IncRevenue growth stalled to 3% and earnings fell 28.6% year over year, driving the 77% share decline.
eBay Inc
Walmart Inc.
