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The Trade Desk (TTD 4.59%), Magnite (MGNI 4.70%), and Pubmatic (PUBM 4.16%) have all been crushed during this bear market. The ad-tech sector in general has been hit hard now that fears of an upcoming recession are at the forefront of investors’ minds. Connor explains why this downturn makes sense and also why it could be presenting a great buying opportunity.
*Stock prices used were the midday prices of July 14, 2022. The video
was published on July 15, 2022.
Connor Allen has positions in The Trade Desk. The Motley Fool has positions in and recommends Magnite, Inc, PubMatic, Inc., and The Trade Desk. The Motley Fool has a disclosure policy.
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