Applovin Corp. Cl A (APP) News
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APP News Highlights
- For APP, its 30 day story count is now at 15.
- Over the past 23 days, the trend for APP's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
- LI, UL and ALTO are the most mentioned tickers in articles about APP.
Latest APP News From Around the Web
Below are the latest news stories about APPLOVIN CORP that investors may wish to consider to help them evaluate APP as an investment opportunity.
AppLovin Announces GQG Purchase of 15 Million Shares of Class A Common Stock from KKR
PALO ALTO, Calif., June 01, 2023--AppLovin Corporation (NASDAQ: APP) ("AppLovin" or the "Company"), a leading marketing platform, today announced that KKR Denali Holdings L.P. ("KKR") entered into an agreement with GQG Partners LLC ("GQG"), a leading global equity investment boutique, to sell 15,000,000 shares of AppLovin’s Class A common stock in a direct placement to client accounts managed by GQG.
AppLovin Array Extends Global Partnership with OPPO to Deliver Best-in-Class Mobile App Recommendations For Users
PALO ALTO, Calif., May 30, 2023--Array, AppLovin’s (NASDAQ: APP) suite of solutions for OEMs and telecom carriers, today announced that it has broadened its strategic partnership with OPPO, a global leading smart device brand. Together, the companies are addressing mobile app discoverability by providing OPPO device users with seamless on-device experiences and hyper-relevant app recommendations when searching for and downloading apps.
4 big analyst picks: Snap gets a fresh upgrade; a big day for Tencent Music
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Tencent Music, Snap, AppLovin, and Wynn Resorts. Tencent Music Entertainment (NYSE:TME) shares surged more than 8% after the company reported solid Q1 earnings and earned several upgrades, as InvestingPro reported in real time. Macquarie upgraded to Neutral from Underperform and raised its price target to $7.40 from $5.10, highlighting effective diversification and better margins.
Applovin Stock Gets an Upgrade. Thank Its New Machine-Learning Engine.
BofA Securities analyst Omar Dessouky upgraded shares of Applovin to Buy from Neutral and increased his price target.
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday
It's time for another dive into the biggest pre-market stock movers as we check out the latest news traders need to know about on Thursday!
These Stocks Are Moving the Most Today: PacWest, Goodyear, Disney, Alphabet, ImmunityBio, and More
PacWest shares tumble after the bank says deposits declined last week, Goodyear Tire soars after receiving a letter from Elliott Investment Management that outlined the 'right path forward' for the tire maker, and Walt Disney posts a surprise quarterly drop in Disney+ subscribers.
Why AppLovin Stock Soared Higher Today
Shares of mobile-app developer and software company AppLovin (NASDAQ: APP) soared higher on Thursday after the company released financial results for the first quarter of 2023. As of 10 a.m. ET, AppLovin stock was up 24%. In Q1, AppLovin generated revenue of $715 million, up 14% year over year and well ahead of management's guidance of $685 million to $705 million.
Q1 2023 Applovin Corp Earnings Call
Q1 2023 Applovin Corp Earnings Call
Applovin Stock Is Soaring After Earnings. It’s Too Cheap to Ignore, Analyst Says.
The mobile app technology company beat first-quarter revenue expectations and delivered positive guidance for the current quarter.
AppLovin (APP) Q1 2023 Earnings Call Transcript
Welcome, everyone, to the AppLovin earnings call for the first quarter ended March 31, 2023. Joining me today to discuss our results are Adam Foroughi, our co-founder, CEO and chairperson; and Herald Chen, our president and CFO. Please note, our SEC filings, as well as our shareholder letter discussing our first quarter performance are available at investors.applovin.com.