After a lackluster second half to 2023, shares of The Trade Desk, Inc. NASDAQ: TTD are once again doing what they love best: rallying. Truth be told, it was starting to look like they were forming a
The Trade Desk has grown rapidly during a challenging time in the digital ad industry. The company is capitalizing on the growth of connected TV.
The Trade Desk's fourth-quarter revenue rose 23% year over year. Its free cash flow topped half a billion last year.
One pundit feels the stock's value is well below a recent closing price. Even after market-pleasing quarterly results, he remained bearish on the shares.
The Trade Desk stock shot higher following the release of Q4 and 2023 earnings. Valuations appear elevated but are far from record highs.

TTD Soars & ROKU Plummets After Earnings

06:35pm, Friday, 16'th Feb 2024
The Trade Desk (TTD) soars after earnings. Its adjusted EPS came in at $0.41 versus an estimated $0.43 and revenue came in at $605.80M versus an estimated $582.61M.
The Trade Desk (TTD) shares surged almost 20% Friday, after the advertising-technology firm posted strong fourth-quarter sales and guided toward current-quarter revenue that topped analysts' forecasts
The “Halftime Report” Investment Committee debate the biggest analyst calls of the day.

Why The Trade Desk's Stock Soared on Friday

01:29pm, Friday, 16'th Feb 2024
The Trade Desk's revenue surged 23% to $606 million in the fourth quarter, eclipsing analyst expectations where it mattered most. With an ambitious first-quarter revenue target of at least $478 millio
Trade Desk Inc (NASDAQ:TTD) stock is soaring to two-year highs, up 15.1% at $87.14 at last glance, after the company's upbeat first-quarter revenue forecast and flood of analyst bull notes.
The advertising-technology company reports better-than-expected fourth-quarter revenue and first-quarter guidance.
The Trade Desk, Inc. (TTD) Q4 2023 Earnings Call Transcript
Trade Desk forecast first-quarter revenue above market expectations on Thursday, as a strong ad market drives demand for its digital advertising services, sending its shares up 19% in extended trading
Shares of The Trade Desk jumped over 18% on strong first-quarter guidance and a sales beat.
Trade Desk Inc. shares were soaring in Thursday's extended session as the advertising-technology company easily cleared the bar with its forecast for the current quarter.
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