Applovin Corp is a technology company specializing in mobile advertising and app development
It creates a platform that enables app developers to monetize their applications effectively through a range of advertising solutions, such as ad networks and user acquisition strategies. The company also offers tools for mobile game developers, providing insights and analytics to optimize user engagement and revenue generation. By leveraging its proprietary technology, Applovin aims to connect advertisers with targeted audiences while helping developers maximize their returns in the competitive app ecosystem.
U.S. markets suffered a steep selloff Monday as President Donald Trump announced sweeping new tariffs, extending last week's losses and driving declines across all major sectors.
12 large-cap stocks plummeted last week due to negative financial reports. These include SMCI, APP, CART, NTAP, PSTG, DUOL, VTRS, SRE, PLTR, TCOM, MSTR, and TSLA.
Shares of mobile app advertising platform AppLovin (NASDAQAPP)
fell 23.4% in the morning session after short sellers Culper Research and Fuzzy Panda Research published reports that raised concerns regarding the authenticity of the company's ad engine (AXON 2.0).
Programmatic advertising platform Pubmatic (NASDAQPUBM)
will be announcing earnings results tomorrow after the bell. Here’s what investors should know.
Digital media measurement and analytics provider DoubleVerify (NYSEDV)
will be reporting results tomorrow afternoon. Here’s what investors should know.
The U.S. stock market had a mixed session today, with the Nasdaq Composite leading gains, rising about 50 points to close Wednesday at 19,075.26. The S&P 500 edged up slightly, finishing nearly flat with a 0.01% gain at 5,956.06, while the Dow dipped 0.43% to 43,433.12. These are the top stocks that gained the attention of retail traders and investors throughout the day:
