AppLovin Corporation (APP, Financial) experienced a significant stock price increase of 5.02%. The stock is currently trading at $334.20 per share with a trading volume of 4.9279 million shares and a turnover rate of 1.47%. The stock's amplitude reached 9.52%.
Recent financial reports reveal that AppLovin achieved a revenue of $1.198 billion and a net profit of $434 million, translating to earnings per share of $1.29. The company's gross profit was $912 million, with a price-to-earnings ratio of 101.45. In terms of institutional ratings, 80% of the 30 institutions covering the stock recommend buying, while 20% suggest holding, with no recommendations to sell.
In the software services industry, where AppLovin operates, the overall sector saw a 0.55% increase. Notable stocks in the sector include Palladyne Ai Corp C/Wts 24/09/2026 (To Pur Com) and Hub Cyber Security Ltd C/Wts 22/08/2025 (To Pur Com), which recorded significant gains. Active stocks with high turnover rates include Jet.AI and Wellchange Holdings Company Limited.
AppLovin Corporation is a mobile application technology company focused on enhancing the mobile app ecosystem by supporting developers in marketing and monetizing their apps through automation and optimization tools.
