Co-movers

daily closesMethod

Moved together

TTDwithAPP

Uncorrelated: r 0.18 · 500D.

Shared co-movers1with TTDwith APP

QTWOQ2 Holdings, Inc.r 0.39r 0.40

TTD, solidAPP, hatchedr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

TTDTrade Desk, Inc.

12.87· pre 12.87· delayed

Mkt cap$5.9BRevenue$715MQ2 FY26Revenue$2.9BFY25

APPAppLovin Corp

245.71· pre 249.38· delayed

Pre-marketNov 4 '26delayed

Mkt cap$76.6BRevenue$1.9BQ2 FY26Revenue$5.5BFY25

vs

Compare

Pre-marketNov 4 '26delayed

TTDTrade Desk, Inc.

vs

APPAppLovin Corp

12.87pre 12.87delayed

Price

245.71pre 249.38delayed

$5.9B

Mkt cap

$76.6B

Q2 FY26$715M

Revenue

$1.9BQ2 FY26

FY25$2.9B

Revenue

$5.5BFY25

TTD compared with APP: revenue, margins and what each company keeps, and the suppliers and customers both name