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Why The Trade Desk Stock Skyrocketed Tuesday Morning
After the market closed on Monday, S&P Global revealed that The Trade Desk would be joining the S&P 500. The stock will be replacing ANSYS before the market opens on Friday. In the press release that provided details of the reshuffling, S&P Global noted, "S&P constituent Synopsys will acquire ANSYS in a deal expected to be complete on July 17."
Trade Desk's stock jumps on S&P 500 inclusion as Ansys exits index due to acquisition
Stocks often rally when they're added to a major index, as fund managers need to rebalance their portfolios to reflect the changes. With a market cap of $37 billion, the company falls right about in the middle of the S&P 500 by valuation.
Shares of The Trade Desk are trading higher Thursday after a wave of price target revisions from Wall Street analysts.
Shares of The Trade Desk ( TTD 0.91%) have advanced more than 7% this week due to news of its inclusion in the S&P 500 ( ...
Trade Desk’s stock is soaring, with the ad-tech company set to replace Ansys in the benchmark index later this week.
In terms of liquidity and interest, the mean open interest for Trade Desk options trades today is 1531.95 with a total volume of 6,264.00.
Here are three attractive growth stocks that you can consider buying and holding for the long haul. The Trade Desk The Trade ...
The Trade Desk, Inc. is thriving with Connected TV growth, S&P 500 inclusion, and market shifts. Click for more about TTD ...
The S&P 500 is well regarded as the best overall gauge of the U.S. stock market and includes the 500 leading publicly traded ...
The Trade Desk has opened an office in Mumbai. The news has been shared by The Trade Desk’s Vice President-Revenue Dhruv ...
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