Why AppLovin Stock Skyrocketed to a New All-Time High Today at Over $500 Per Share
Shares of digital advertising company AppLovin ( APP 24.02%) absolutely skyrocketed on Thursday after the company smashed expectations with its financial report for the fourth quarter of 2024. As of 11 a.m. ET, AppLovin stock was up 31% and had hit an all-time high at over $500 per share.
Is the Unstoppable AppLovin (APP) Stock the New AI Superstar?
U.S.-based mobile tech company AppLovin (APP) has skyrocketed more than 700% in the past 12 months, driven by its AI-powered advertising
AppLovin Stock Jumps 30% on Earnings. It Has Already Gained More Than 700% in a Year.
AppLovin also said it expects first-quarter revenue to be between $1.36 billion and $1.39 billion. Analysts surveyed by FactSet have estimated first-quarter revenue of $1.32 billi
Can AppLovin Stock Keep Soaring? 850% Growth And Beyond
AppLovin has consistently exceeded expectations in recent quarters, largely due to the success of its AI-driven ad search engine, which has fueled its stock rally.
Why Is AppLovin (APP) Stock Rocketing Higher Today
What Happened? Shares of mobile app advertising platform AppLovin (NASDAQ: APP) jumped 34.2% in the morning session after the company delivered strong fourth quarter 2024 results, exceeding analysts' expectations for revenue,
AppLovin stock soars 730% in a year: what’s driving the rally?
AppLovin, the best-performing US tech stock of 2024, continued its meteoric rise after the company reported fourth-quarter earnings that far exceeded Wall Street expectations. Shares soared nearly 30% in extended trading on Wednesday as the company posted higher-than-expected revenue and profit,
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AppLovin Divesting Apps Business To Dig Into Ads, Ecommerce
AppLovin CEO Adam Foroughi announced this week that the company would divest its gaming studio apps business for $900 million, comprising $500 million in cash and a minority equity stake in the ...
New Buy Rating for AppLovin (APP), the Technology Giant
In a report released yesterday, Ike Boruchow from Wells Fargo maintained a Buy rating on AppLovin (APP – Research Report), with a price target ...
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Unpacking the Latest Options Trading Trends in AppLovin
Deep-pocketed investors have adopted a bearish approach towards AppLovin (NASDAQ:APP), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga ...
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AppLovin's stock ignites further as company says its AI efforts have only just begun
AppLovin Corp.'s stock was one of the hottest plays of 2024, and it's poised to get another lift after earnings. The app-monetization company delivered a revenue forecast for the current quarter ...
AppLovin price target raised to $475 from $325 at JPMorgan
JPMorgan analyst Cory Carpenter raised the firm’s price target on AppLovin (APP) to $475 from $325 and keeps a Neutral rating on the shares.
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AppLovin Corporation (APP) Hits Fresh High: Is There Still Room to Run?
Shares of AppLovin (APP) have been strong performers lately, with the stock up 42.1% over the past month. The stock hit a new 52-week high of $525.15 in the previous session. AppLovin has gained 45.7% ...