Reported about 8 hours ago
The Trade Desk, a digital advertising company, is set to join the S&P 500 Index, replacing Ansys, which was recently acquired by Synopsys. This inclusion, perceived positively by the market, has resulted in an 8% rise in The Trade Desk's shares, which have been down 30% for the year. CEO Jeff Green noted that joining the S&P 500 reflects the company's value and innovation in the digital advertising sector.
Source: YAHOO