Shares of programmatic advertising company The Trade Desk (TTD Quick QuoteTTD - Free Report) just got a whole lot cheaper. TTD underwent a 10-for-1 stock split, which means shareholders of record will receive an additional 9 shares for every share owned as of June 9. The new shares will be deposited directly into investors’ brokerage accounts, and TTD began trading on a split-adjusted basis today, June 17.

Shareholders have cheered the news since the announcement five weeks ago. TTD has climbed 20% compared to the S&P 500’s 1% gain since. But the split isn’t the only factor driving the stock upwards. Q1 earnings showed strong top- and bottom-line growth, and TTD recently launched operations in India, which presents a huge opportunity to expand its footprint.

Shares closed up 5.3% to $62.14.

Time to Invest in Legal Marijuana

If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.

After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%

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