AppLovin Stock: Strong Earnings Send Shares 15% Higher - Barron's
1. AppLovin's stock rose 13.23% following strong earnings results. 2. EPS of $1.67 surpassed the $1.44 estimate, revenue also exceeded projections. 3. Ad revenue increased 71% YoY, reflecting strong ad business performance. 4. Analysts have predominantly positive ratings despite recent short seller reports. 5. Guidance for second-quarter revenue is strong, indicating continued growth.