Singapore markets open in 4 hours 42 minutes
  • Straits Times Index

    3,220.98
    +47.05 (+1.48%)
     
  • S&P 500

    3,936.97
    -65.90 (-1.65%)
     
  • Dow

    32,030.11
    -530.49 (-1.63%)
     
  • Nasdaq

    11,669.96
    -190.15 (-1.60%)
     
  • Bitcoin USD

    26,978.50
    -1,132.91 (-4.03%)
     
  • CMC Crypto 200

    588.20
    -27.74 (-4.50%)
     
  • FTSE 100

    7,566.84
    +30.62 (+0.41%)
     
  • Gold

    1,976.50
    +35.40 (+1.82%)
     
  • Crude Oil

    69.99
    +0.32 (+0.46%)
     
  • 10-Yr Bond

    3.5000
    -0.1060 (-2.94%)
     
  • Nikkei

    27,466.61
    +520.94 (+1.93%)
     
  • Hang Seng

    19,591.43
    +332.67 (+1.73%)
     
  • FTSE Bursa Malaysia

    1,412.04
    +5.49 (+0.39%)
     
  • Jakarta Composite Index

    6,691.61
    +79.12 (+1.20%)
     
  • PSE Index

    6,546.27
    +15.52 (+0.24%)
     

Why The Trade Desk, Magnite, PubMatic, and Criteo Stocks Were Down Double Digits This Week

Why The Trade Desk, Magnite, PubMatic, and Criteo Stocks Were Down Double Digits This Week

Shares of many advertising-technology (adtech) stocks got crushed this week, including demand-side platforms (DSP) The Trade Desk (NASDAQ: TTD) and Criteo (NASDAQ: CRTO), and supply-side platforms (SSP) Magnite (NASDAQ: MGNI) and PubMatic (NASDAQ: PUBM). Investors had expected one of these other ad-tech stocks to be the beneficiary of Netflix's move toward ads. Disney also made an adtech deal with The Trade Desk, which is why The Trade Desk stock wasn't down as much as some of these other stocks this week.