The Trade Desk, Inc. is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats. Its technology platform also enables its clients to purchase advertising inventory, data and other add-on features to engage, target and convert their customers. The Trade Desk is a buy-side platform providing access to all real-time bidding (RTB) inventory for display, television, video, social and mobile, among others. The media buyers using its products can run campaigns in every online media channel and report on how each channel combines to influence their customer. The Company's platform enables its clients to deliver advertising campaigns across multiple devices, including computers, smartphones, tablets, gaming consoles, digital television and broadcast television. It also supports multiple formats, including broadcast television, connected television and mobile Web.
Up 10% today The Trade Desk, Inc. (TTD) Prices 6.33M Share Offering at $35.50 The Trade Desk, Inc. (NASDAQ: TTD) announced the pricing of a follow-on offering of 6,331,991 shares of Class A common stock by certain selling stockholders at a price to the public of $35.50 per share. The selling stockholders granted the underwriters a 30-day option to purchase up to an additional 949,798 shares of Class A common stock. The Trade Desk will not receive any proceeds from the offering. The offering is expected to close on March 3, 2017, subject to customary closing conditions. Source: http://www.streetinsider.com/Equity...+6.33M+Share+Offering+at+$35.50/12601520.html
The Trade Desk shares are trading higher after KeyBanc upgraded the stock from Sector Weight to Overweight and announced a price target ofg $851 per share. Mar 8, 2021 7:53a ET