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That said, The Trade Desk stock is richly valued at about 23 times its trailing sales. ... By dollar-cost averaging, investors can get The Trade Desk stock for an average price, rather than risk ...
The Trade Desk (NASDAQ: TTD) has generated impressive gains since its initial public offering in September 2016. The adtech company went public at a split-adjusted price of $1.80, reached a record ...
The Trade Desk went public on September 21, 2016, [39] with an initial stock price of $18.00; its IPO closing market price gained to $30.10 per share. [ 40 ] In 2017, revenue rose 52 percent to $308 million, [ 9 ] then rose to $477 million in 2018. [ 19 ]
The stock has already outperformed the market since going public, but there's plenty more upside ahead. The Trade Desk is worth nearly $42 billion today, so it's not exactly flying under the radar ...
Fool.com contributor Parkev Tatevosian evaluates The Trade Desk (NASDAQ: TTD) stock for investors to consider. *Stock prices used were the afternoon prices of May 28, 2024. The video was published ...
In September 2016, The Trade Desk launched its IPO (NASDAQ: TTD), [8] with an opening day reported as “a huge vote of confidence for the demand-side platform,” [9] and since cited as one of the best-performing stocks in the market, [10] [8] [9] with its stock trading at nearly 14 times the IPO price less than three years later. [10]
A cautious price target raise. Near the end of July, analyst Justin Patterson of KeyBanc made an incremental lift to his price target on The Trade Desk. While maintaining his overweight (buy ...
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