Why AppLovin Stock Jumped 16% Last Month

The business is doing well, and management has an eye on creating shareholder value.Shares of app discovery and monetization company AppLovin (APP 2.88%) jumped 15.9% in March, according to data provided by S&P Global Market Intelligence. There doesn't appear to be a single catalyst for the upward move. But some developments can be viewed in a positive light, and general sentiment is rising for AppLovin stock.For example, early in the month, Adjust -- a company owned by AppLovin -- announced a new capabilit ...