AppLovin Sinks As Investors Seek Faster E-Commerce Growth, Stronger AI Guidance
The stock of Applovin Corp (NASDAQ: APP) fell by 6.8% in the first quarter, which was worse than the S&P 500's 6.4% gain.Applovin Corp (APP) nosedived despite beating earnings in Q4, with analysts remaining bullish on potential for growth in mobile advertising.