Why AppLovin Stock Popped Today

Shares of AppLovin (APP 3.79%) were surging today after the adtech stock caught a tailwind from the broader market recovery on hopes for a détente in the trade war, and as one Wall Street analyst weighed in on the stock with a positive note.As of 10:32 a.m. ET, the stock was up 9.8%, while the S&P 500 (^GSPC 1.78%) had gained 3.7%. AppLovin gets a boostAfter a two-day swoon last week on President Trump's global tariffs that sent the Nasdaq Composite (^IXIC 1.69%) into a bear market, the market seemed to be ...