The Trade Desk Announces Date of Second Quarter 2024 Financial Results and Conference Call
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Acceleration in political advertising after Biden drops out should benefit TTD: Oppenheimer
July 22, 2024 7:04 AM EDTOppenheimer analysts foresee a significant boost in political advertising spending following President Biden's announcement that he will not seek re-election in 2024.
This surge is expected to "disproportionally benefit" The Trade Desk Inc. (NASDAQ: TTD), with some positive impact on Snap (NYSE: SNAP) as well.
The analysts had initially forecasted that political ad revenue would contribute only 200 basis points, or approximately $45 million, to The... More
