The Trade Desk Stock Tumbles. Is AppLovin the Culprit?
Investors in The Trade Desk (TTD -2.15%) were seeing red on Thursday as the stock plunged, but they were also green with envy.As shares of The Trade Desk tumbled more than 30%, fellow adtech titan AppLovin (APP 8.15%) was soaring on its earnings report, jumping more than 20% on its fourth-quarter results as it smashed estimates once again.For The Trade Desk shareholders, it was clearly a disappointing turn of events, and seeing AppLovin's shares soar only added insult to injury, as AppLovin has surpassed Th ...