Trade Desk Inc (NASDAQ: TTD) shares are trading higher by $0.34 at $26.70 in Monday's issue. The issue, which debuted on September 21, ended its first trading session at $30.10.
Following a two-day decline to $26.84, it mounted a furious three-day rally that came to an abrupt end at $33.40, which stands as its all-time high. Its all-time closing high was posted the same day at $33.39.
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The ensuing decline ended with a series of lows at $23.50 area, with the latest low coming on October 11, when it reached $23.50, but ended the day at $24.78.
The issue has found resistance in the same area in the last two sessions. After peaking at $27.24 on Friday, $27.25 stands as the current high in Monday's session. That high matches its October 4 high, which was put in place the day before its all-time low was made the following day.