Previous close | 80.25 |
Open | 80.67 |
Bid | 79.97 x 0 |
Ask | 81.58 x 0 |
Day's range | 80.67 - 80.77 |
52-week range | 51.49 - 85.41 |
Volume | |
Avg. volume | 8 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 08 May 2024 - 13 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Trade Desk stock shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
First came the Magnificent Seven. And then Wall Street analysts began doubting the strength of the tech sector, quickly coining the term "Fantastic Four" to exclude several of the biggest laggards in 2024. Now, Evercore ISI is pairing together a new group of tech stocks as big as the previous two — "the Electric Eleven," comprised of Airbnb (ABNB), Alphabet (GOOG, GOOGL), Amazon (AMZN), Booking Holdings (BKNG), DoorDash (DASH), Meta Platforms (META), Netflix (NFLX), Shopify (SHOP), Spotify (SPOT), The Trade Desk (TTD), and Uber (UBER). Evercore ISI Senior Managing Director and Head of Internet Research Mark Mahaney explains where the similarities between these companies lie and their core drivers. "I think most of these digital-first companies are beneficiaries of gen AI. They're going to be able to figure it out, they're going to deploy, or they already have in ways that improve products and processes and they're and I think shareholders will benefit from that," Mahaney explains. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The Trade Desk, Inc. ( NASDAQ:TTD ) shareholders might be concerned after seeing the share price drop 12% in the last...