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AppLovin (APP) Stock Jumps 8.0%: Will It Continue to Soar?
APPApplovin(APP) Zacks Investment Research·2024-03-20 01:10

AppLovin (APP) shares soared 8% in the trading session on Monday at $68.15. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.5% gain over the past four weeks.The stock is benefiting from the company’s AXON 2.0 technology, optimized gaming studios, and investments in initiatives to drive market expansion and long-term growth.This mobile app technology company is expected to post quarterly earnings of $0.56 per share in its upcomi ...