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Top-notch Stock to Watch: The Trade Desk Inc. (TTD)
The advertising platform The Trade Desk Inc. (NASDAQ: TTD) revealed second-quarter earnings this week that exceeded Wall Street’s expectations. Furthermore, despite widespread bad tendencies in the advertising industry, the firm grew. Several major advertising platforms have reported decreases in advertiser spending in recent months. As a result, Wall Street analysts did not anticipate big returns from Trade Desk. However, the company’s revenue increased 35% year on year to $377 million. The client retention rate was around 95%, and the total number of customers was approximately 1,000. In the second quarter of 2022, adjusted EBITDA climbed by nearly 18% to $139
