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The Trade Desk (TTD) Catches Eye: Stock Moves 14.6% Higher
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The Trade Desk, Inc. (TTD - Free Report) 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).
Is TTD going up? Or down? Predict to see what others think: Up or Down
Everything You Need to Know About Snapchat BEFORE It Goes Public
You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around $22 billion, it is expected to be the largest IPO since 2014. But should you snap up this tech stock on Day 1?
In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges. You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months.
Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the latest scoop. Download this IPO Watch List today for free >>
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The Trade Desk (TTD) Catches Eye: Stock Moves 14.6% Higher
The Trade Desk, Inc. (TTD - Free Report) 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. , also carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is TTD going up? Or down? Predict to see what others think: Up or Down
Everything You Need to Know About Snapchat BEFORE It Goes Public
You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around $22 billion, it is expected to be the largest IPO since 2014. But should you snap up this tech stock on Day 1?
In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges. You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months.
Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the latest scoop. Download this IPO Watch List today for free >>