Why The Trade Desk Stock Popped Today
Shares of The Trade Desk (NASDAQ: TTD) were moving higher today, along with a surge from Meta Platforms (NASDAQ: META) after the Facebook parent reported fourth-quarter earnings last night. While Meta's numbers weren't particularly strong, the surge in the stock showed that market sentiment could be shifting in favor of digital ad stocks like The Trade Desk and Meta. As of 1 p.m. ET, Trade Desk was up 9.2%, while Meta had gained 26%.