AppLovin, IBIT And More: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joseph M. Terranova of Virtus Investment Partners named AppLovin Corporation (NASDAQ:APP) as his final trade.

Supporting his view, UBS analyst John Hodulik, on Wednesday, maintained AppLovin with a Buy rating and increased the price target from $315 to $440. Also Wells Fargo analyst Alec Brondolo, on Jan. 13, maintained the stock with an Overweight rating and raised the price target from $360 to $366.

Shannon Saccocia of NB Private Wealth picked iShares US Consumer Discretionary ETF (NYSE:IYC).

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Rounding out the trades, Stephen Weiss of Short Hills Capital Partners named iShares Bitcoin Trust (NYSE:IBIT) as his final trade.

Bitcoin, meanwhile, traded slightly below $102,000 at last check Thursday morning.

Though the SEC under acting chairman Mark Uyeda launched a dedicated cryptocurrency task force to frame regulations for the industry, investors have been left disappointed due to no cryptocurrency-related executive orders from Trump thus far.

Price Action:

• AppLovin shares gained 6.9% to close at $361.72 during Wednesday's session.
• iShares US Consumer Discretionary ETF rose slightly by 0.04% during Wednesday's session.
• iShares Bitcoin Trust fell 1.7% to close at $59.38 on Wednesday.

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Image: Courtesy of AppLovin