APPLOVIN STOCK POPS AS AD BUSINESS 'CONTINUES TO AMAZE,' WEDBUSH SAYS
https://s.yimg.com/ny/api/res/1.2/v8ok5qSUIQ740wYkZnXBJQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/investopedia_245/089c4c5dafe5591842d0a52121c43730
✍️ AppLovin's stock surged after strong quarterly results and price target hikes from analysts, despite facing pressure from short-selling firms.
👉 AppLovin's stock surged 13% after strong quarterly results 👉 Several analysts raised their price targets for the stock 👉 Jefferies estimates AppLovin serves just 0.1% of its addressable market 👉 UBS and Wedbush raised their price targets to $475 and $620, respectively 👉 AppLovin forecast second-quarter advertising revenue above expectations
-- #Jefferiesanalysts #UBSanalysts #Wedbushanalysts #MuddyWaters #business
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