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Trade Desk rose over 4% in premarket Thursday on the news.
Trade Desk will replace Activision Blizzard (NASDAQ:ATVI) in the Nasdaq 100 as the video game maker is set to be taken over by Microsoft (NASDAQ:MSFT).
The change will be reflected ahead of the market open on Monday, July 17, Nasdaq said in a statement.
The replacement of Activision Blizzard with Trade Desk is independent of the Nasdaq 100 Index Special Rebalance which will continue as planned, effective Monday, July 24, 2023.
TTD shares are up almost 90% year-to-date.
