The Trade Desk Stock Slides After the Close: Here's Why
The Trade Desk shares are trading lower in Monday's after-hours session after the company filed a prospectus for a mixed shelf offering.
The Trade Desk said it might sell new shares sometime in the future, and people got nervous about that possibility, so the stock price dropped after the market closed. When companies say they might add more shares, it can mean less value for people who already own them, so it's worth paying attention to what happens next.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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