"The Trade Desk (TTD) Skyrockets on Strong Revenue and Outlook"

The Trade Desk (TTD) shares surged nearly 20% after the company reported strong fourth-quarter results and provided upbeat guidance for the next quarter, surpassing analysts' expectations for revenue and adjusted EBITDA. The company's improved gross margin and faster growth compared to the digital ad market indicate its ability to gain market share profitably. Additionally, The Trade Desk announced a new $700 million share repurchase program, reflecting confidence in its free cash flow. Despite previous market skittishness due to weak guidance, the stock has seen a 27.5% increase since the beginning of the year, trading close to its 52-week high.