Is Applovin Corp. (APP) the Best Performing Stock in 2024? [Yahoo! Finance]
Applovin Corporation - Class A (APP)
Company Research
Source: Yahoo! Finance
Dow Breaks Record The Dow Jones Industrial Average has recently made headlines by closing above the 42,000 mark for the first time, a significant milestone that reflects a surge in investor confidence following a substantial interest rate cut by the Fed. This momentous achievement occurred on September 19, when the Dow jumped over 500 points, closing at 42,063.36. This rise was part of a broader trend in the stock market, with major indices experiencing overall gains throughout the week, largely fueled by optimism surrounding the Fed's decision to lower interest rates by 0.5%. On September 21, Edward Yardeni, president of Yardeni Research, while acknowledging that the market tends to keep rising, also discussed the warning signs of a melt-up, in the context of the markets' response to the September rate cut on CNBC's ‘Closing Bell'. He doubted the necessity of such a large rate cut, suggesting that the economy is currently growing at about 3% year-over-year and could potentially
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APP
News
- AppLovin seeks 20-30% ad growth, but Morgan Stanley remains skeptical [Seeking Alpha]Seeking Alpha
- Zacks Investment Ideas feature highlights: Palantir Technologies, Vertiv and AppLovin [Yahoo! Finance]Yahoo! Finance
- AppLovin Finds Customers Acquired Through In-App Ads More Engaged, Loyal Than Those Acquired By Social Media [Yahoo! Finance]Yahoo! Finance
- AppLovin Finds Customers Acquired Through In-App Ads More Engaged, Loyal Than Those Acquired By Social MediaBusiness Wire
- AppLovin Co. (NASDAQ: APP) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $150.00 price target on the stock, up previously from $115.00.MarketBeat
APP
Earnings
- 8/7/24 - Beat
APP
Sec Filings
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 9/13/24 - Form 144
- APP's page on the SEC website