TTD Joins S&P 500

Shares of The Trade Desk jumped 14% in extended trading on Monday, as the digital advertising company is set to join the S&P 500. S&P Global announced that Trade Desk will be replacing software maker Ansys as of Friday. Earlier on Monday, Synopsys said it “has received approval from all necessary authorities” to finalize its $35 billion acquisition of Ansys, which was announced last year, and expects the deal to close on or around Thursday.