Why Investors Were So Sweet on AppLovin Stock This Week

Another pundit following the stock joined the bull stampede.News coming directly from app monetization specialist AppLovin (APP 0.68%) has been fairly light in recent days, yet investors were eager to snap up the stock. Much of this had to do with a recommendation upgrade from a newly minted AppLovin bull. The result was that the company's share price had improved by over 10% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.An undervalued operatorThe anal ...