Applovin Corp (APP) News
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APP News Highlights
- APP's 30 day story count now stands at 8.
- Over the past 11 days, the trend for APP's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- ALTO and TEL 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.
Why Unity Software Stock Was Falling This AfternoonYear to date, Unity is down 74%. This raises the likelihood of further interest-rate hikes by the Federal Reserve in the near term. Higher interest rates are bad for stocks that trade at high valuations since it means a lower present value for future profits when estimating the long-term value of a business. |
Unity shares slide after AppLovin withdraws $18 billion takeover offerUnity had last month rejected a $17.54 billion all-stock bid from AppLovin that included the condition its $4.4 billion pursuit of Tel Aviv-based ironSource cannot go ahead. AppLovin, whose services compete with ironSource in helping developers grow and monetize their apps, said late on Monday it would not table a higher bid and had pulled its initial offer. Shares of AppLovin and ironSource were down 5% and 4%, respectively, amid broader market weakness after surprisingly strong inflation data. |
AppLovin won't be uniting with UnityAfter Unity rejected its $20 billion offer, AppLovin has decided not to go forward with or revise its merger plan. |
AppLovin gives up quest to merge with Unity SoftwareAppLovin Inc. executives announced Monday that they are giving up an effort to merge with Unity Software Inc. |
AppLovin Walks Away from Unity Software Takeover BidUnity had opposed the unsolicited $17.5 billion offer, which would have required scrapping a deal with an Applovin competitor. |
AppLovin Confirms It Will Not Submit a Revised Proposal to Combine With Unity SoftwarePALO ALTO, Calif., September 12, 2022--AppLovin (NASDAQ: APP), a leading growth platform for developers, today announced that it does not intend to submit another proposal to combine with Unity Software Inc. (NYSE: U) and has withdrawn its initial proposal from August 9, 2022. |
AppLovin to Participate at the Goldman Sachs Communacopia + Technology ConferencePALO ALTO, Calif., September 09, 2022--AppLovin Corporation (NASDAQ: APP), a leading marketing platform, today announced that CEO Adam Foroughi will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco on Tuesday, September 13, 2022 at 3:00 p.m. Pacific Time. A webcast of the event will be available on AppLovin’s Investor Relations website at: www.investors.applovin.com. |
Why Unity Software Stock Was Up 14% in AugustWhat happened Shares of Unity Software (NYSE: U) were up 14.3% in August, according to data provided by S&P Global Market Intelligence. If you're a shareholder hoping for some action, you got what you wanted -- the month was jam-packed with information relevant to an investment thesis. |
Is it Good to Consider AppLovin Corp. (APP) as a Long-Term Investment?ClearBridge Investments, an investment management firm, published its “Mid Cap Growth Strategy” second quarter 2022 investor letter – a copy of which can be downloaded here. The ClearBridge Mid Cap Growth Strategy underperformed the Russell Midcap Growth Index during the second quarter. On an absolute basis, the Strategy had losses across all 10 sectors in […] |
Wurl to Power Canela Media’s Launch of FAST Channels in U.S. and Latin AmericaPALO ALTO, Calif., Aug. 23, 2022 (GLOBE NEWSWIRE) -- Wurl, the leader in powering streaming TV, today announced its agreement with Canela Media, Inc, an OTT content company, to secure and deliver additional, licensed Spanish-language content to their platform. Canela Media focuses their content offerings on the Latin American and U.S. Hispanic markets, boasting 22 million unique users, 20,000 hours of content, and 50 linear channels. Together with Wurl, Canela Media will gain the ability to deli |