Applovin Corp (APP): Price and Financial Metrics
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APP Price/Volume Stats
|Current price||$91.84||52-week high||$92.65|
|Prev. close||$90.79||52-week low||$49.41|
|Day high||$92.65||Avg. volume||1,146,230|
|50-day MA||$73.06||Dividend yield||N/A|
|200-day MA||$0.00||Market Cap||34.20B|
Applovin Corp (APP) Company Bio
AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps worldwide. The company's software solutions include AppDiscovery, a solution to automate, optimize, and manage user acquisition investments for business clients; and MAX, an in-app bidding solution that optimizes purchases of app ad inventory. Its business clients include various advertisers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
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Below are the latest news stories about Applovin Corp that investors may wish to consider to help them evaluate APP as an investment opportunity.
Already been a banner year for equity raises via the IPO process in the U.S. — 2021 is on track to beat last year's record
PALO ALTO, Calif., October 13, 2021--AppLovin Corporation (NASDAQ: APP), a leading marketing software company, today announced its plan to raise a new $1.5 billion term loan. The Company intends to use the net proceeds for general corporate purposes, including but not limited to acquisitions. The proposed transaction is subject to market and other conditions and there can be no assurance that AppLovin will be able to successfully complete the transaction, as described above, or at all.
Twitter announce that it has agreed to its mobile ad company MoPub to AppLovin Corp for $1.05 billion in cash. The social media giant and microblogging platform looks to focus more on advertisements on its own app and website. MoPub, which generated about $188 million in annual revenue for Twitter last year, allows companies to The post Twitter Agreed to Sell its Mobile Ad Unit MoPub to AppLovin Corp appeared first on TechDailyPost.co.za - Empowered by Innovation .
Twitter has sold its mobile ad network, MoPub, to the mobile tech company, AppLovin, for $1.05 billion. The social media giant revealed the acquisition deal on Wednesday, Oct. 6. AppLovin will be paying Twitter in cash,
Twitter is selling MoPub, its in-house in-app monetisation business, to AppLovin in a $1.05 billion cash deal. The micro-blogging site originally paid $350 million for the company eight years ago. In 2020, MoPub generated annual revenues of $188 million. As to the reasons, Twitter said the transaction would help drive its development and allow the company to scale key areas of service and advertising for SMBs. This transaction increases our focus and demonstrates confidence in our revenue product roadmap, accelerating our ability to invest in the core products that position Twitter for long-term growth and best serve the public conversation, said Jack Dorsey, Twitters CEO. We thank the incredible teams and customers who have contributed to making MoPub a success within Twitter over the ...
APP Price Returns