Why The Trade Desk Stock Rallied Today
Yahoo Finance ·
Shares of The Trade Desk ( TTD +5.12% ) charged higher on Wednesday, surging as much as 5.2%. As of 12:31 p.m. ET, the stock was still up 4.7%. The recent shift in internet behavior has weighed heavily on The Trade Desk, which has suffered decelerating growth for six consecutive quarters. Investors fear the worst may be yet to come, as the company hasn't yet found a way to stem the tide. The Trade Desk's gains mark something of a relief rally, but it remains to be seen if the company can capitalize on the opportunity. *Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
DYAX Investor Sentiment
Bullish (Long) 39% · Bearish (Short) 61%
412 participants
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