AppLovin's (APP) Shares Ascend 126% YTD: Must Buy or Bye Bye?
Applovin(APP) ZACKS·2024-08-26 22:50
AppLovin Corporation (APP) has seen its stock skyrocket 126.3% year to date. This impressive rise has significantly outpaced the 21.3% rally of the industry it belongs to and the 18.1% growth of the Zacks S&P 500 composite.Compared with its competitors in the in-game mobile advertising space, APP’s performance is notably stronger. Alphabet Inc. (GOOGL) has surged 18.6%, and Meta Platforms (META) has gained 49.2% over the same period.Year-to-Date Price PerformanceImage Source: Zacks Investment ResearchAs of ...