Motley Fool

Why The Trade Desk Stock Rallied Again on Tuesday

Shares of The Trade Desk (NASDAQ: TTD) climbed sharply higher again on Tuesday, surging as much as 10.6%, though it ended the trading day up 9.4%. The catalyst driving the stock higher was a flurry of activity by Wall Street analysts who scrambled to update their price targets on the heels of The Trade Desk’s impressive third-quarter financial results. Before the market open on Monday, The Trade Desk had delivered better-than-expected quarterly results, which came as a surprise to some investors.

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