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Stock impact report

AppLovin (APP) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a gain of 0.73% for the day. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, added 0.98%. The the stock of mobile app technology company has risen by 2.3% in the past month, leading the Business Services sector's gain of 0.33% and the S&P 500's gain of 0.34%. The investment community will be closely monitoring the performance of AppLovin in its forthcoming earnings report. The company is expected to report EPS of $1.27, up 159.18% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $1.26 billion, showing a 31.88% escalation compared to the year-ago quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.06 per share and a revenue of $4.59 billion, signifying shifts of +314.29% and +39.92%, respectively, from the last year. It is also important to note the recent changes to analyst estimates for AppLovin. These revisions typicall Show less Read more
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