Having suffered a 70% drop followed by a 110% rally within the first eight months of the year, The Trade Desk Inc. (NASDAQ: TTD) has been one of the most volatile tech stocks of 2025. As we recently highlighted, that rollercoaster hasn’t eased since. Once seen as a reliable pure-play on digital advertising, the stock started a 50% plunge after August’s earnings, only bottoming out in mid-September. Since then, it has been consolidating and showing early signs of recovery, leaving investors divided over whether this marks the start of a genuine comeback or just another pause before further weakness.
Shares opened right around $50 on Thursday, still far below pre-earnings levels but already more than 10% above September’s low. Importantly, support at $43 has now held for the second time this year, creating a base that bears have failed to break. The comeback case is building, but the stock isn’t out of the woods just yet. Here are two of the top reasons to think a comeback has officially begun, and one reason to think it’s still some time away.
