The Trade Desk, Inc. TTD was a big mover last session, as its shares rose almost 15% on the day. The move came after the ad-buying specialist priced a secondary offering of 6,331,991 shares at $35.50. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 42.6% in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision while the Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
The Trade Desk currently carries a Zacks Rank #2 (Buy).
The Trade Desk Inc. Price
The Trade Desk Inc. Price | The Trade Desk Inc. Quote
Another favorably placed stock in the Internet – Services space is Leaf Group Ltd. LFGR, also carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Leaf Group Ltd. (LFGR): Free Stock Analysis Report
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