Trade Desk Shares Jump After Q3 Results, Then Retreat
The Trade Desk said third-quarter results substantially exceeded its lowered expectations and issued stronger-than-anticipated guidance for the current quarter. Shares rose as much as 26% in after-hours trading before retreating.
Shares of The Trade Desk (TTD) jumped as much as 26% in after-hours trading on Monday after the advertising tech company reported third-quarter results that substantially exceeded its own lowered expectations and issued stronger-than-anticipated guidance for the current quarter.Revenue of $736 mill…