ARK Investment Boosts Trade Desk Shares, Despite Volatility

ARK Investment funds significant purchase of The Trade Desk shares, valued at nearly eight million dollars, signals confidence in the companys future. This investment follows The Trade Desks eighteen percent year-over-year revenue increase, driven by strong digital advertising demand and platform innovations. Despite a three point five percent share increase, the stock remains down over sixty-five percent this year and trades below its fifty-two-week high. Long-term investors have seen their investments decrease by more than sixty percent over the past five years.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.