The digital advertising platform is growing revenue and gaining market share.
The Trade Desk (TTD 3.35%) reported earnings that pleasantly surprised investors. The company is growing its revenue ahead of industry levels, suggesting it is gaining market share briskly. This video details why The Trade Desk stock is soaring after earnings.
*Stock prices used were the afternoon prices of Feb. 14, 2023. The video was published on Feb. 16, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Trade Desk. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
