TTD - Why The Trade Desk Stock Jumped 25% in Feburary
2024-03-07 16:16:28 ET
Shares of The Trade Desk (NASDAQ: TTD) were among the winners in February, as the leading independent demand side platform (DSP) in adtech posted strong fourth-quarter results and benefited from a rising tide in tech and artificial intelligence (AI) stocks.
According to data from S&P Global Market Intelligence , the stock finished February up 24.8%. As you can see from the chart, The Trade Desk experienced steady growth through the first half of the month before spiking on its earnings report in the middle of the month.
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Why The Trade Desk Stock Jumped 25% in Feburary