Digital advertising leader, The Trade Desk NASDAQ: TTD, recently saw its stock price and trading activity surge. The driver behind this market excitement is a major corporate milestone: The company is set to join the prestigious S&P 500 index, effective before the market opens on July 18, 2025.
VENTURA, Calif.--(BUSINESS WIRE)--The Trade Desk, Inc. (NASDAQ: TTD), a leading global advertising technology company, will become a component of the S&P 500® Index, starting at the opening of trading on Friday, July 18. The S&P 500® Index is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and covers approximately 80% of available ma...
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Shares of The Trade Desk (TTD 1.34%) have advanced more than 7% this week due to news of its inclusion in the S&P 500 (^GSPC 0.32%). The digital advertising company will be officially added to the popular index on July 18.
The Trade Desk, Inc. is benefiting from strong tailwinds in Connected TV and the shift away from walled gardens in the digital ad market. S&P 500 inclusion adds momentum, forcing index funds to buy TTD shares and likely driving the stock higher in the near term. Despite a premium valuation, TTD's profitability, robust margins, and strong cash position support further upside potential.
The S&P 500 is well regarded as the best overall gauge of the U.S. stock market and includes the 500 leading publicly traded companies in the country. Given the breadth of businesses that make up the index, it is widely regarded as the most reliable benchmark of overall stock market performance.
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