Key insights
- The Trade Desk (TTD) experienced a significant after-hours drop, impacting other SaaS stocks like CRM and TEAM. This suggests potential sector-wide concerns, possibly related to earnings or future guidance. The negative reaction in TTD could foreshadow broader weakness in the SaaS sector, warranting caution for investors holding similar stocks.
I don’t personally own this turd but my portfolio is 60% saas and up already as just recently brought stocks like TEAM and CRM.
Today I was scrolling through after hours and saw a little but sharp decline in CRM and other SaaS related stocks.
I tried to find the cause behind this sudden decline but couldn’t find as TTD wasn’t on the watchlist at all.
After few minutes Notification received by yahoo finance “TTD drop -20% after hours”
Wonderful
BTW, thanks for your attention to this matter.