Why AppLovin Stock Skidded to a Nearly 9% Loss Today

Key Points An insider geared up to sell nearly 29,000 shares. The same day, an analyst reduced his price target on the stock. 10 stocks we like better than AppLovin › A pending insider stock sale and an analyst's assertive price target cut was the combination helping to drive down the value of AppLovin (NASDAQ: APP) on Tuesday. The company saw its stock price erode by nearly 9% on a trading day in which the S&P 500 index edged into positive territory with a 0.2% rise. Share sale The insider is en ...