Previous close | 13.15 |
Open | 12.80 |
Bid | 19.90 |
Ask | 20.35 |
Strike | 95.00 |
Expiry date | 2024-01-19 |
Day's range | 12.55 - 13.15 |
Contract range | N/A |
Volume | |
Open interest | 1.07k |
The Trade Desk has been showing off the superiority of its business model the last couple of years. Despite aftereffects of the pandemic and worry over global recession that has sent digital ad revenues in decline among many tech companies, The Trade Desk's focus as a demand-side platform that works primarily with marketers has proven superior to the myriad of supply-side platform stocks out there (including Magnite and PubMatic). Enter software companies DoubleVerify (NYSE: DV) and Integral Ad Science (NASDAQ: IAS).
Cathie Wood, the CEO of investment management firm Ark Invest, is a widely followed figure on Wall Street thanks to her focus on companies capable of disruptive innovation. Ark has been buying shares of The Trade Desk (NASDAQ: TTD), an advertising technology (adtech) provider that has climbed 70% so far in 2023. Wood's fund purchased 88,000 shares of The Trade Desk in the second quarter of 2023.
The Trade Desk (TTD) closed the most recent trading day at $78.29, moving -0.97% from the previous trading session.