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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 Stock Pops on S&P 500 Inclusion
Shares of Trade Desk Inc (NASDAQ:TTD) are up 11.4% to trade at $84.06 this morning, after news broke that the software firm will replace Ansys (ANSS) on the S&P 500 Index (SPX) before the open this Friday, July 18. The change comes after Synopsys (SNPS) agreed to purchase Ansys for $35 billion by the end of this week.
TTD stock rose after being added to S&P 500, receiving positive ratings from analysts. Price forecast lowered but still ...
Trade Desk’s stock is soaring, with the ad-tech company set to replace Ansys in the benchmark index later this week.
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Robinhood Stock Dips In Extended Trading After Another S&P 500 Snub, But Retail Eyes ‘Turbocharge’ From Crypto Week in D.C.Robinhood Markets Inc.’s (HOOD) stock slipped in extended trading on Monday after missing out on inclusion in the S&P 500 ...
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