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Why Shares of The Trade Desk Fell Sharply on Monday


Shares of The Trade Desk (NASDAQ: TTD) took a hit on Monday, falling as much as 10.9%. As of 3:15 p.m. EST, however, the stock was down only 8.6%.

While there didn't seem to be any specific news related to the ad tech company on Monday, the stock's sharp drop can likely be explained by a sell-off in the broader market for many growth stocks.

Image source: Getty Images.

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Source Fool.com

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