AppLovin: Ecommerce Traction Points Towards A Long Growth Runway (Rating Upgrade)

AppLovin's (NASDAQ: APP ) Q1 results were extremely strong, helping to offset recent concerns around the impact of tariffs on advertisers. The company's current performance is stronger than the headline numbers suggest though, due to the pedestrian growth and margins of theRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be ...