AppLovin's AI Potential: Can the Momentum Continue?

AppLovin Corp. NASDAQ: APPstock jumped 166% after a strong earnings report in November. That made APP stock the top performer among stocks in the NASDAQ 100 in 2024. But after that spectacular surge to close out 2024, the stock is down nearly 4% in the last month, as short interest jumped over 3%.  AppLovin TodayAPPAppLovin$318.48 -10.72 (-3.26%) 52-Week Range$39.43▼$417.64P/E Ratio96.51Price Target$337.71Add to WatchlistGet AppLovin alerts:However, AppLovin is part of the still-emerging AI story, which is ...