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Is It Too Late to Buy The Trade Desk Stock?

·5 min read
Is It Too Late to Buy The Trade Desk Stock?
In this article:
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Share prices of The Trade Desk (NASDAQ: TTD) soared nearly 30% on Nov. 8 after the ad tech company posted its third-quarter earnings report. Its adjusted net income grew 42% to $89.2 million, or $0.18 per share, which beat estimates by $0.03. The Trade Desk's earnings beat allayed some fears about Apple's (NASDAQ: AAPL) iOS update and the impact of supply chain headwinds on advertisers.