The Trade Desk Inc ($TTD) Stock Forecast: Down 1.5% Today

What is The Trade Desk Inc?

Trade Desk (TTD) is a technology company that specializes in digital advertising. It provides a platform for buyers of advertising to manage data-driven digital advertising campaigns.

Why is The Trade Desk Inc going down?

TTD stock is down 1.5% on Sep 6, 2024 14:46

• Whales in the options market initially showed optimism, but a subsequent downturn suggests a change in sentiment.
• Analyst projections and the company's expansions into connected TV and retail media were not enough to prevent the shift in sentiment, hinting at external influences.
• The sale of Trade Desk stock by Cathie Wood's ARK could have played a role in the downturn by influencing other investors.
• Comparisons with 21Vianet's value might have impacted investor decisions and contributed to Trade Desk's stock price decline.

TTD Price Chart

TTD News

Behind the Scenes of Trade Desk's Latest Options Trends - Trade Desk ( NASDAQ:TTD )

Whales with a lot of money to spend have taken a noticeably bullish stance on Trade Desk. Looking at options history for Trade Desk TTD we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and ...

https://www.benzinga.com/insights/options/24/09/40735982/behind-the-scenes-of-trade-desks-latest-options-trends

Trade Desk Set To Capitalize On Connected TV Boom And Retail Media Growth, Analysts Predict Big Gains - Trade Desk ( NASDAQ:TTD )

The Trade Desk, Inc. TTD shares are trading higher on Wednesday. B of A Securities analyst Jessica Reif Ehrlich initiated coverage on the company with a Buy rating and a price target of $135.

https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40715623/trade-desk-set-to-capitalize-on-connected-tv-boom-and-retail-media-growth-analysts-

The Trade Desk is working on its own smart TV OS: report

No summary available.

https://seekingalpha.com/news/4145681-the-trade-desk-working-on-its-own-smart-tv-os-report?feed_item_type=news

Cathie Wood''s ARK sells Trade Desk stock, buys Tempus AI

https://www.investing.com/news/company-news/cathie-woods-ark-sells-trade-desk-stock-buys-tempus-ai-93CH-3596349

https://www.investing.com/news/company-news/cathie-woods-ark-sells-trade-desk-stock-buys-tempus-ai-93CH-3596349

VNET vs. TTD: Which Stock Is the Better Value Option?

Investors with an interest in Internet - Services stocks have likely encountered both 21Vianet ( VNET Quick QuoteVNET - ) and The Trade Desk ( TTD Quick QuoteTTD - ) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

https://www.zacks.com/stock/news/2329802/vnet-vs-ttd-which-stock-is-the-better-value-option

Trending Today

Ethereum ($ETH) Crypto Forecast: Up 5.1% Today

Worldcoin ($WLD) Crypto Forecast: Up 5.1% Today

Bonk ($BONK) Crypto Forecast: Up 5.5% Today

Solana ($SOL) Crypto Forecast: Up 8.5% Today

Immutable ($IMX) Crypto Forecast: Up 9.1% Today

Render ($RENDER) Crypto Forecast: Up 5.6% Today

Pepe ($PEPE) Crypto Forecast: Up 6.9% Today

Wormhole ($W) Crypto Forecast: Up 7.0% Today

Avalanche ($AVAX) Crypto Forecast: Up 10.0% Today

Jupiter ($JUP) Crypto Forecast: Up 11.5% Today

The Trade Desk Inc Price History

06.08.2024 - TTD Stock was down 1.5%

• Whales in the options market initially showed optimism, but a subsequent downturn suggests a change in sentiment.
• Analyst projections and the company's expansions into connected TV and retail media were not enough to prevent the shift in sentiment, hinting at external influences.
• The sale of Trade Desk stock by Cathie Wood's ARK could have played a role in the downturn by influencing other investors.
• Comparisons with 21Vianet's value might have impacted investor decisions and contributed to Trade Desk's stock price decline.

17.06.2024 - TTD Stock was down 5.2%

• One potential reason for the bearish trend in TTD could be linked to investors seizing profits following a period of substantial growth.
• An upswing in Shopify's stock price possibly diverted investor attention away from TTD, consequently influencing a decline in its stock value.
• The favorable adjustments in earnings estimates for Shopify might have redirected investor interest towards Shopify, leading to reduced demand for TTD shares.
• The overall bearish movement in TTD today could be attributed to a shift in investor sentiment towards other technology companies like Shopify, impacting TTD's performance adversely.

24.06.2024 - TTD Stock was down 11.0%

• The decline in TTD stock today could be linked to Google's choice to keep third-party cookies, affecting companies in the ad tech field, including The Trade Desk.
• Despite positive long-term prospects driven by high demand for various solutions such as CTV and retail media, the bearish options activity from well-funded investors may have influenced the stock's downward trend.
• The recent announcement of the date for the second quarter 2024 financial results and conference call might not have boosted the stock immediately, contributing to the negative market sentiment.
• Although the tech sector is generally bullish, with some tech stocks expected to rise significantly by 2026, this optimism may not have translated to immediate gains for The Trade Desk today, prompting the bearish movement.

24.06.2024 - TTD Stock was down 5.0%

• The downward movement in TTD may be linked to well-funded investors taking a pessimistic stance towards the stock, evident from options trends.
• Uncertainty surrounding the forthcoming financial outcomes and conference call schedule could have prompted investor unease, leading to a selloff.
• Although the tech sector as a whole has shown strong performance and growth potential, certain company-specific factors possibly impacted TTD's bearish performance.
• A modest uptick in TTD during a broader market decline suggests some resilience in the stock. However, external influences appear to have overshadowed this positive development, resulting in an overall bearish performance for the day.

05.07.2024 - TTD Stock was up 6.6%

• TTD's stock displayed significant bullish momentum today.
• Analysts on Wall Street are optimistic about TTD, with a consensus Buy rating.
• Long-term growth for the company is expected due to the strong demand for Connected TV (CTV), retail media, Kokai, and UID2 solutions, along with a robust network of partners.
• The positive market performance is influenced by favorable analyst sentiment and the company's innovative solutions for the digital advertising industry, as evidenced by the success of their Olympic ad placements.

01.07.2024 - TTD Stock was down 5.0%

• The Trade Desk's stock had a bearish movement despite positive news such as KeyBanc raising its target on the company's growth outlook.
• The stock's underperformance could be attributed to Cathie Wood's trailing of the market in 2024, leading to a potential shift in investor sentiment away from high-growth stocks like TTD.
• Despite outperforming the market significantly over the past 5 years, the recent decline in the overall market might have influenced TTD's bearish movement today.
• The slight increase in TTD's stock price amidst a declining market could indicate some resilience in the face of broader market trends, but overall sentiment seems to have favored a bearish outlook for the stock today.

02.07.2024 - TTD Stock was down 5.4%

• The bearish movement in TTD today is linked to significant bearish bets made by financial giants on Trade Desk options, with a majority showing bearish tendencies.
• Despite recent positive developments like successful Olympic ad buys and an increased target price by KeyBanc on growth outlook, market sentiment towards TTD seems influenced by major bearish moves in options trading.
• The lackluster performance of Cathie Wood's stocks, including TTD, in 2024 may have also impacted the bearish movement, as investors exhibit caution towards high-growth stocks needing time for returns.
• All in all, the combination of bearish options trading activity, mixed market performance, and overall sentiments towards growth stocks likely contributed to the bearish movement in TTD today.

02.07.2024 - TTD Stock was down 5.2%

• A leaked pitch demonstrating efficacy in Olympic ad buys may have sparked worries among investors regarding sustained growth and profitability, prompting a decline in the stock price.
• Despite positive updates on The Trade Desk's advancement, its underperformance relative to the market could have caused disappointment among investors and resulted in selling pressure.
• The initial confidence boost from KeyBanc's raised target price based on growth prospects might have been overshadowed by other factors, influencing the shift in market sentiment towards a bearish trend.
• Although Trade Desk has shown long-term outperformance over the past 5 years, this may not have been sufficient to counter short-term concerns or profit-taking by investors, contributing to the observed bearish movement today.

09.07.2024 - TTD Stock was up 10.3%

• The Trade Desk (TTD) witnessed a significant bullish movement today.
• This positive trend is a result of the company's strong performance in Q2 and robust guidance for the current quarter, surpassing analyst expectations for both earnings per share (EPS) and revenue.
• Investors are showing optimism following Trade Desk's exceptional results, reflecting confidence in its performance and growth prospects.
• Despite an overall fragile market sentiment, Trade Desk's outstanding financial results have momentarily uplifted the market, driving the bullish movement in TTD stock.

05.07.2024 - TTD Stock was up 6.0%

• A leaked pitch showcasing the effectiveness of Olympic ad buys by The Trade Desk could have boosted investor confidence and attracted more buyers, leading to the bullish market movement.
• Despite underperforming the market slightly in the recent trading session, the overall positive sentiment around the company's advertising solutions and potential growth opportunities could have contributed to the bullish trend.
• Bullish views from Wall Street and the potential long-term growth prospects highlighted by investing guru Cathie Wood might have further fueled investor optimism, driving the stock price higher.
• Bearish moves by some financial giants on TTD options could have been outweighed by the positive news and outlook, resulting in the overall bullish movement of the stock.

09.07.2024 - TTD Stock was up 10.5%

• Strong second-quarter revenue and optimistic third-quarter guidance from The Trade Desk led to a notable increase in its stock price.
• The company's emphasis on expanding into Connected TV (CTV) and its overall growth trajectory resonated well with investors.
• Amid market volatility and uncertainty, TTD stock demonstrated resilience and investor confidence, outshining many other companies.
• The Trade Desk's impressive performance and ability to exceed expectations positioned it as a standout choice for investors, distinguishing itself from its market peers.

09.07.2024 - TTD Stock was up 10.0%

• TTD stock saw a noteworthy bullish movement today.
• This positive trend is linked to the company's strong Q2 earnings and robust guidance for the current quarter, which surpassed expectations.
• The impressive earnings, marked by higher revenue growth rates and outperforming both EPS and revenue projections, have likely enhanced investor confidence in the company's performance and future potential.
• Overall market sentiment towards TTD remains optimistic, indicating confidence in its ability to sustain strong financial performance and solidify its position in the digital advertising sector.