Trade Desk Sharply Higher After Q2 Beat And Raised Guidance

After a much higher open, it continued in that direction until peaking at $56.56 and reversing course. That high is just shy of the pair of highs from August 7 ($56.82) and August 8 ($56.60). Profit-takers then came in and slammed the stock, but it was able to find support above Thursday's close ($50.06), only reaching $50.55.

The rebound off that low is pausing at the mid-range point for the session, with the high of the rebound, so far, being capped at $54.20.