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MarketBeat
MarketBeat
Leo Miller

Trade Desk Pops on Possible OpenAI Deal—Game Changer or Headfake?

Advertising technology stock The Trade Desk (NASDAQ: TTD) has experienced highly disappointing performance recently, with shares down more than 50% over the past 52 weeks.

However, the stock recently received a significant shot in the arm, with shares surging more than 18% on March 5. This came on reports that The Trade Desk is in talks with OpenAI to help companies place advertisements in ChatGPT. Reports indicate that the potential partnership is in the early stages of negotiations.

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