Parkev Tatevosian, CFAPublished 2026-09-26
“Why I Sold This Underperforming Growth Stock”
$TTDBearish
Sold TTD position due to severe revenue decline and negative outlook; inclined to exit remainder as fundamentals deteriorate faster than expected.
Last week, or a little over a week ago, I sold a third of my stake in Tradedesk shares, as I mentioned previously. I mentioned that I bought that stake in Tradedesk shares for about $44 per share , and sold it for about $13 per share at a huge loss .
I said I would sell for the purpose of recovering tax losses, and I would retain two-thirds of my remaining stake in Tradedesk for now , as this has been one of my most disappointing investments in a long time.