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Better Growth Stock: The Trade Desk vs. Magnite

Better Growth Stock: The Trade Desk vs. Magnite

The stocks for The Trade Desk (NASDAQ: TTD) and Magnite (NASDAQ: MGNI) were both crushed this year as inflation, recessionary fears, and other macro headwinds drove investors away from ad tech stocks. The Trade Desk shed nearly 40% of its value this year, while Magnite fared worse with a decline of more than 60%. The Trade Desk is the world's largest independent demand-side platform (DSP) for digital ads.