AppLovin Stock Plunges 26% in 3 Months: Is it a Smart Investment Now?

AppLovin Corporation (APP) has witnessed its stock decline 26% over the past three months, worse than the industry’s 15% decline. Notably, competitors in the in-game mobile advertising space have also faced headwinds. Alphabet (GOOGL) shares have dropped 11%, while Meta Platforms (META) has seen a 10% decrease during the same period, reflecting broader weakness in the digital ad ecosystem.However, the tide appears to be turning. APP has surged 64% in the past month, signaling a strong rebound. Alphabet has ...