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AppLovin: Growth Prospects Still Underappreciated
APPApplovin(APP) Seeking Alpha·2024-06-12 16:30

denkcreative Despite reporting strong Q1 results, AppLovin's (NASDAQ:APP) stock has come under pressure in recent weeks. This appears to be driven by ongoing changes to the adtech landscape, which could threaten AppLovin's competitive positioning. There also appears to be an expectation of a rapid growth deceleration as the boost provided by AXON begins to wane. I previously suggested that adjacent markets will be a growth driver for AppLovin going forward. While this is taking time, AppLovin is increasing ...