The Trade Desk, Inc. (TTD)
The Trade Desk, Inc. (TTD) is a technology company that provides a global advertising platform for digital marketers. Founded in 2009, it specializes in programmatic advertising, enabling clients to buy and manage digital ad campaigns across various channels such as display, video, mobile, and social media. The company's platform offers advanced data-driven tools, analytics, and automation to help advertisers optimize their ad spend and reach targeted audiences efficiently.
Company News
The article analyzes two tech stocks, Trade Desk and Duolingo, which have experienced significant price drops this summer, exploring whether they represent potential investment opportunities despite recent challenges.
Amazon and Netflix formed a partnership to make Netflix's ad-supported inventory available through Amazon's demand-side platform, potentially challenging The Trade Desk's market position in connected TV advertising.
Several large-cap stocks experienced significant declines last week due to earnings misses, weak guidance, and negative analyst updates across technology, retail, and biotech sectors.
The report analyzes the top 12 demand-side platform (DSP) providers based on growth, innovation, and revenue over $170 million. These companies are assessed on 10 criteria to unveil their market standing and competitive advantages in the evolving programmatic advertising ecosystem.
Zacks.com users have recently been watching The Trade Desk (TTD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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