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home / news releases / entravision communications unjustified sell off

TTD - Entravision Communications: Unjustified Sell-Off

The Trade Desk Inc.

2024-04-10 10:11:36 ET

Summary

  • Entravision Communications' stock has dropped about 50% due to the loss of their contract with Meta Platforms.
  • The company has invested around $100 million in digital M&A, but digital margins have been shrinking.
  • The value of Entravision's TV broadcast spectrum and their remaining business segments appears to significantly exceed their current valuation.

For further details see:

Entravision Communications: Unjustified Sell-Off
Stock Information
Company Name: The Trade Desk Inc.
Stock Symbol: TTD
Market: NASDAQ
Website: thetradedesk.com
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