Reality bitesAT up 20% today so far while TTD up 35%
For all the talk of TTD being overpriced from a fundamental perspective (it is) and AT being a "value" play, TTD has outperformed all other ad tech firms including AT in both bull and bear timeframes with the notable exception of Aug 2020 to Jan 2021 when AT was pumped for no good reason.
The reason for this is simple. TTD consistently outperfroms and doesn't blame external factors depite many challenges such as COVID, GDPR, IDFA, etc. They just execute and investors are drawn to quality which no other ad tech firm has shown in contrast.
Looking at AT's results this quarter, it is not horrible but no sign of any revenue ramp, just more promises about a new sales team etc. There is always the hope that they will be able to steal a big client or agency but this is lottery ticket type of investing.
Anyhow, good luck. I think you'll need it with this lackluster and poorly motivated management team.