US Stock Market Move | Q1 performance exceeds expectations: The Trade Desk (TTD.US) surges over 21%

On Friday, The Trade Desk (TTD.US) surged over 21%, reaching $72.85. In terms of news, the company released better-than-expected financial results for the first quarter on Thursday evening, with adjusted earnings per share of 33 cents, beating the market consensus of 25 cents. Revenue was around $616 million, surpassing the market consensus of $584 million, and increased by 25% year-on-year. "Against the backdrop of increased macro volatility at the beginning of the year, 2025 will be an important period for marketers. Leading marketers are seeking to embrace their consumers in the open internet, where they spend most of their time online, to drive business differentiation and growth," said Jeff Green, co-founder and CEO of The Trade Desk.