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Video: What is a Stock Split?
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The Trade Desk is a technology company that focuses on advertising. Through Co.'s self-service, cloud-based platform, ad buyers can create, manage, and optimize data-driven digital advertising campaigns across ad formats and channels, including display, video, audio, in-app, native and social, on a multitude of devices, such as computers, mobile devices, and connected TV. Co.'s platform's integrations with main inventory, publisher, and data partners provides ad buyers reach and decisioning capabilities, and its enterprise application programming interfaces enable its clients to develop the platform. According to our TTD split history records, The Trade Desk has had 1 split. | |
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The Trade Desk (TTD) has 1 split in our TTD split history database. The split for TTD took place on June 17, 2021. This was a 10 for 1 split, meaning for each share of TTD owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split.
When a company such as The Trade Desk splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the TTD split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into The Trade Desk shares, starting with a $10,000 purchase of TTD, presented on a split-history-adjusted basis factoring in the complete TTD split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/22/2016 |
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End date: |
10/08/2024 |
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Start price/share: |
$2.89 |
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End price/share: |
$114.53 |
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Dividends collected/share: |
$0.00 |
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Total return: |
3,862.98% |
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Average Annual Total Return: |
57.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$396,229.72 |
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Years: |
8.05 |
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Date |
Ratio |
06/17/2021 | 10 for 1 |
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