AppLovin Stock Skyrockets 748% This Year: Too Hot to Touch?

AppLovin Corporation (APP) has been one of the standout performers in 2024, with its stock price surging by a monstrous 748% year to date. This rise is significant compared to the 54% rally of the industry.Image Source: Zacks Investment ResearchAPP's performance is notably stronger than those of its competitors in the in-game mobile advertising space. Alphabet Inc. (GOOGL) has surged 40% and Meta Platforms (META) has gained 79% over the same period.Now, the key question for investors is whether the stock’s ...