Spinoffs & Takeovers Hotline – Friday, April 9, 2021

RESIDEO TECHNOLOGIES INC., $28.06, symbol REZI on New York, makes heating, ventilation and air-conditioning equipment. It also distributes fire protection and building security products.

Honeywell International Inc. (symbol HON on New York) spun off Resideo in October 2018. Honeywell shareholders received one share of Resideo for… Read More

Q: I see that shares of The Trade Desk have dropped recently. Do you think now is a good time to buy the stock? Thanks.

A: The Trade Desk Inc., $706.46, symbol TTD on Nasdaq (Shares outstanding: 41.9 million; Market cap: $32.2 billion; www.thetradedesk.com), operates a self-service, digital-advertising platform where clients make their purchases online across various formats and devices.

The Trade Desk is headquartered in Ventura, California; it has 1,200… Read More