The Latest Breaking News from Trade Desk

Snap set early alarm bells ringing for social media companies with its warning concerning second-quarter performance. An analyst at KeyBanc Capital Markets sees a read-across for these six companies.

Someone with a lot of money to spend has taken a bullish stance on Trade Desk (NASDAQ:TTD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Trade Desk Inc (NASDAQ:TTD) reported first-quarter revenue growth of 43.5% year-over-year to $315.23 million, beating the consensus of $304.69 million. Customer retention remained over 95% for the quarter. Adjusted EPS improved to $0.21 from $0.14 in 1Q21, beating the consensus of $0.15. Adjusted EBITDA increased by 71.6% to $120.99 million, and margin…

Someone with a lot of money to spend has taken a bearish stance on Trade Desk (NASDAQ:TTD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Analysts have provided the following ratings for Trade Desk (NASDAQ:TTD) within the last quarter:

Trade Desk (NASDAQ:TTD) has outperformed the market over the past 5 years by 61.53% on an annualized basis producing an average annual return of 73.19%. Currently, Trade Desk has a market capitalization of $28.99 billion.

A whale with a lot of money to spend has taken a noticeably bullish stance on Trade Desk. Looking at options history for Trade Desk (NASDAQ:TTD) we detected 10 strange trades.

Someone with a lot of money to spend has taken a bullish stance on Trade Desk (NASDAQ:TTD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

KeyBanc saw another volatile advertising earnings season as inflation and macro pressures weighed on advertising budgets.