The Trade Desk falls 2.13% after mixed shelf prospectus filing

The Trade Desk Inc. (NASDAQ:TTD) fell 2.13% in Monday’s after-hours session to $12.99 after filing a prospectus with the SEC for a potential mixed shelf offering. The registration covers common stock, preferred stock, debt securities, warrants and units that the company or selling stockholders could offer in one or more transactions over time. The filing does not disclose the timing, size or terms of any offering, which would be detailed in a prospectus supplement for each transaction. The Trade Desk had approximately $1.12 billion in cash and cash equivalents as of June 30. The shares are down about 65% year to date and were trading near their 52-week low of $12.83, reached in early August.

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