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Why The Trade Desk Stock Skyrocketed Friday

TheMotleyFool

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Why The Trade Desk Stock Skyrocketed Friday

Share of The Trade Desk (NASDAQ: TTD), a provider of a data-driven ad-tech platform, went through the roof Friday. As of 8:35 a.m. EST, the stock was up more than 25%.

The growth stock's huge move higher follows The Trade Desk's third-quarter earnings report, which included revenue and earnings per share that crushed analyst estimates as marketers dialed up their programmatic ad spend significantly.

Image source: Getty Images.

Source Fool.com

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