Applovin Corp. (APP): A Hot Growth Stock to Buy According to Hedge Funds [Yahoo! Finance]
Applovin Corporation - Class A (APP)
Company Research
Source: Yahoo! Finance
A month before the election that spelled Donald Trump's victory, the U.S. Bureau of Labor Statistics released a report showing a robust labor market with rising wages, a decrease in unemployment, and the addition of 254,000 jobs in September. The unemployment rate fell to 4.1% in September, down from 4.2% in August and 4.3% in July. Earlier concerns arose when the unemployment rate increased, leading some economists to worry that the Federal Reserve's decision not to cut interest rates impacted the labor market. However, the Fed eased those concerns in September by cutting the federal funds rate by half a percentage point. The Fed had initially raised rates aggressively beginning in March 2022 to combat inflation, pausing mid-2023. While inflation has cooled significantly since peaking in June 2022, economists note the high rates continue to impact the economy, especially the housing market. That said, Fed Chair Jerome Powell addressed the housing market on September 30, noting tha
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APP
News
- AppLovin Corporation (APP) Has Been a Standout Performer Of SaltLight Capital in Q3 [Yahoo! Finance]Yahoo! Finance
- Meet the Newest AI Stock in the Nasdaq-100. It Soared 2,140% in 2 Years and Is Still a Buy, According to a Wall Street Analyst. [Yahoo! Finance]Yahoo! Finance
- AppLovin Corporation Prices $3.55 Billion Offering of Senior NotesBusiness Wire
- AppLovin Plans a $3.5 Billion Bond in High-Grade Debut Sale [Yahoo! Finance]Yahoo! Finance
- AppLovin Plans a $3.5 Billion Bond in High-Grade Debut Sale [Yahoo! Finance Canada]Yahoo! Finance Canada
APP
Earnings
- 11/6/24 - Beat
APP
Sec Filings
- 11/20/24 - Form 8-K
- 11/20/24 - Form FWP
- 11/20/24 - Form 424B3
- APP's page on the SEC website