AppLovin's (NASDAQ:APP) Upgrade by Citigroup to "Buy"

Core Viewpoint - Citigroup upgraded AppLovin to a "Buy" rating, highlighting its strong market performance and innovative ad-technology solutions [1][5] Company Performance - AppLovin's stock reached record highs and was added to the S&P 500 index, indicating robust market performance [2][5] - The stock price is currently $718.54, with a daily change of $6.18, or 0.87%, and has fluctuated between $699.22 and $720.21 during the trading day [4] Financial Growth - In Q2 2025, AppLovin reported a 77% year-over-year increase in revenue, reaching $1.26 billion [3][5] - Adjusted EBITDA nearly doubled to $1.02 billion, resulting in an 81% margin, showcasing significant profitability growth [3][5] Market Capitalization and Trading Volume - The company's market capitalization is approximately $243 billion, with a trading volume of 6.64 million shares [4]