"It may seem as if technology stocks can't lose these days, but there are still corners of the market where investors are shunning some tech companies. Even more surprising is that some well-known tech stocks have gotten the cold shoulder from investors as they try to regain their footing in an ever-shifting tech landscape. Here are three beaten-down tech stocks that may not be finished disappointing shareholders."
"The Trade Desk was once a tech darling among many investors, thanks to the company's impressive advertising platform that allows companies to buy ads across connected TVs, audio streaming, mobile apps, websites, and more. But The Trade Desk fell out of favor when the company reported its Q4 results back in February and missed analysts' consensus revenue estimates -- for the first time in 33 quarters."
Significant pockets of the technology sector continue to underperform despite an AI boom. The Trade Desk lost favor after missing Q4 revenue estimates—the first miss in 33 quarters—and saw its CFO depart six months later. The Trade Desk's shares are down 56% year to date amid rising competition, tariffs, and an uncertain economy. Tesla relies heavily on advanced technologies and CEO Elon Musk envisions humanoid robots and autonomous vehicles. Tesla's operating income plunged 42% in Q2 to $923 million, and free cash flow fell 89% to $146 million, undermining its ability to fund future technology pivots.
Read at The Motley Fool
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