TTD surged ~20% overnight on talks that the company is in talks with OpenAI to sell ads – makes sense for both parties, with the TTD having considerable retail media partnerships such as Walmart. This is a very positive development, although it’s yet to be confirmed its likely to reverse the negative sentiment towards the stock.
- We obviously liked the news around OpenAI and insider buying: MM holds TTD in its International Equities Portfolio.
MM is bullish towards TTD around $US30
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