2 Stocks Making Big Post-Earnings Moves
APPApplovin(APP) Schaeffers Research·2024-05-10 02:36

AppLovin Corp (NASDAQ:APP) and Roblox Corp (NYSE:RBLX) both announced first-quarter results today. The former topped earnings and revenue estimates, while the latter beat top-line expectations, but missed on the bottom line. Below, let's dive into how these two stocks are responding. APP is up 14.8% at 84.98atlastcheck,afterdrawingsixpricetargethikes,includingonefromJefferiesto84.98 at last check, after drawing six price-target hikes, including one from Jefferies to 105 from 93.Thesharesearlierscoredatwoyearhighof93. The shares earlier scored a two-year high of 88.50, after bouncing off support from the $66 in late ...