Can AppLovin Stock Keep Soaring? 850% Growth And Beyond
1. AppLovin reported Q4 earnings of $1.73 per share, exceeding expectations. 2. Revenue soared 44% year-over-year, driven by a 73% increase in advertising revenue. 3. APP stock surged nearly 30% after positive earnings outlook and strong performance. 4. Valuations are high with a P/S ratio of 36x compared to 10x average. 5. Potential risks include macroeconomic uncertainties impacting performance and volatility.