APP is trading at $427.50 (+3.76%) amid unconfirmed rumors of a partnership with OpenAI to monetize ChatGPT through advertising.
- The speculation stems from social media posts by investor Jonah Lupton following OpenAI's capital raise call, which previously sparked a 6% after-hours surge.
- While neither company has officially confirmed the deal, retail sentiment remains bullish as the stock bucks a broader downtrend in the S&P 500 and NASDAQ.