Applovin Corp (APP) News
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APP News Highlights
- APP's 30 day story count now stands at 16.
- Over the past 28 days, the trend for APP's stories per day has been choppy and unclear. It has oscillated between 1 and 8.
- TWTR, ADS 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.
On Friday, Applovin reached a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 87, up from 78 the day before. When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength. While Applovin stock is not currently in an ideal time to buy shares, it currently is falling back into the buy range from a recent cup with handle pattern.
The leading performance marketing company ranked in the top 20 for both Global and North American markets, with multiple wins for advertising innovation in gamingNEW YORK, Oct. 08, 2021 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading data-driven, performance marketing company, announced today that it has ranked in five leading categories in Adjust’s first-ever Partner Benchmarks Report, a new guide outlining key trends within the advertising ecosystem to help app marketers make smarte
Oppenheimer analyst Martin Yang raised the price target on AppLovin Corp (NASDAQ: APP) to $95 from $75, implying a 13% upside, and keeps an Outperform rating. The analyst notes AppLovin announced that it has entered into a definitive agreement to acquire Twitter Inc's (NYSE: TWTR) MoPub business for $1.05 billion in cash. Yang believes MoPub is potentially one of the most strategically important assets for AppLovin, and it will help establish AppLovin as a top mobile ad mediation platform alongs
Hurricane Ida’s impact on Royal Dutch Shell, Safeway CEO testifies in Holmes Trial, Applovin acquires Mopub from Twitter
Yahoo Finance's Julie Hyman breaks down Thursday’s business headlines.
By Dhirendra Tripathi
Twitter stock climbed in late trading after announcing it would sell its app monetization unit to AppLovin for $1.05 billion cash.
Twitter bought the business in 2013 for $350 million. It brought in about $188 million in revenue in 2020, which was nearly 5.9% of Twitter's advertising revenue that year.
Twitter Inc. said Wednesday it is selling MoPub, a mobile-ad network, for $1.05 billion in cash. Marketing-software company AppLovin Corp. (APP) will buy MoPub, which Twitter (TWTR) acquired in 2013 for $350 million in stock. Twitter said in a news release that it is offloading MoPub, which brought in $188 million in revenue in 2020, to focus more on its core products.
(Bloomberg) -- Twitter Inc. said it agreed to sell MoPub, the company’s advertising platform for third-party mobile apps, to AppLovin Corp. for $1.05 billion in cash.Most Read from BloombergNYC's Waldorf Gets Plush Renovation, Becomes Icon of China's OverreachTycoon Behind a Crisis-Era Property Crash Now Sits on a $9 Billion Debt MountainBefore Interstates, America Got Around on InterurbansHow Singapore's $50 Billion Financial District Will Change After Covid-19Amazon Delivery Partners Rage Agai
Twitter, looking to focus development dollars on its core business, said it reached a deal to sell MoPub, which sells monetization solutions to mobile app publishers and developers, to marketing software company AppLovin for $1.05 billion in cash. Twitter had acquired MoPub in September 2013 for about $350 million. In 2020, MoPub generated approximately $188 […]