The Trade Desk Inc (NASDAQ:TTD) shares are trading lower in Monday’s after-hours session after the company filed a prospectus for a mixed shelf offering.
Trade Desk stock is showing downward bias. What’s ahead for TTD stock?
The Trade Desk Files For Offering
The Trade Desk filed with the SEC on Monday to potentially offer and sell common stock, preferred stock, debt securities, warrants or units from time to time in one or more offerings.
Terms and size of the offering were not disclosed. A prospectus supplement would need to be filed each time the company or any selling stockholders decides to offer and sell any securities.
