Why The Trade Desk Stock Soared After Earnings
It may be time to take some profits on The Trade Desk.
The Trade Desk (NASDAQ: TTD) stock jumped after the company reported earnings last night, and is already up 24.1% through 9:45 a.m. ET.
Analysts expected the ad-buying company to earn about $0.25 per share on $575.3 million in sales in the first quarter, but The Trade Desk actually earned $0.33 on sales of $616 million.
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