Trade desk stock price remained firm at $98
Trade Desk stock price remained firm at $98.85 as market participants priced in potential Q3 CTV revenue acceleration that could push estimates higher. % — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . The previous big move we wrote about was 7 days ago when the stock dropped 4.4% as reports surfaced of significant stock sales by key company executives. Specifically, Chief Financial Officer Nitesh Sharan sold over 126,000 shares for approximately $2.1 million, and Vice President of Engineering Majid Emami sold over 78,000 shares, realizing about $1.32 million from the transactions. Trade Desk stock price recently closed around $98.25, up 1.2% in Tuesday’s session, as investors bet on stronger Q2 ad-tech demand. Analysts view programmatic advertising growth as a key driver for the company’s upside in the next quarter.
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