|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||68.13 - 74.79|
|52-week range||68.13 - 74.79|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||3.63|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Although inflation is still above 8%, investors are starting to come back to growth stocks. There will be a lot of winners, but investors should be picky.
The Trade Desk's (TTD) second-quarter 2022 results reflect gains from solid customer retention and a growing partner ecosystem.
Shares of The Trade Desk (NASDAQ: TTD) moved sharply higher Wednesday, surging as much as 35.4%. The catalyst that sent the ad tech stock higher was the company's latest financial results, which were far better than many investors anticipated. While many digital advertisers were feeling the pressure of ad budgets being cut, The Trade Desk's second-quarter results showed no signs of the macroeconomic headwinds that have battered many of its contemporaries.