Why did The Trade Desk stock pop up today? Heavy volume spurs rally
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The Trade Desk (NASDAQ:TTD) shares surged more than 12% on Tuesday to close at $53.56 on heavier than normal volume.
More than 10.7M shares changed hands on Tuesday, nearly twice the average daily volume of just over 5.4M shares.

Last week, The Trade Desk (TTD) reported third-quarter results that topped expectations, but its outlook for the fourth quarter fell short of Wall Street estimates.
For the upcoming period, The Trade Desk (TTD) said it expects sales to be at least $490M, compared to expectations of $509.13M. It also expects adjusted EBITDA of approximately $229M.
Late last month, investment firm Morgan Stanley called The Trade Desk (TTD) the "MVP" of connected TV, but added that its valuation was fair.