AppLovin’s $40 Billion Meltdown: What’s Behind The Crash And What Next

Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty ImagesAppLovin Corporation (NASDAQ: APP) has seen a decline of nearly 20% in its market value within just ten days, erasing over $40 billion in market capitalization — one of the most significant short-term declines among major U.S. software companies this year. This selloff has prompted investors to question whether this is merely a sharp correction of an overheated stock or the beginning of a mor ...