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-0.00143553138454576 -0.00101971447994576 0.00560842963970072 0.0036577536067679 0.00845985346325233 0.00215273056877405 -0.0133695898481759 0.000717576856258017
Stock impact report

Is AppLovin Stock a Buy? [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
But this hot stock has been on the decline since it peaked in February, when it hit a 52-week high of $525.15. A handful of short-seller reports disparaging the company surfaced in recent weeks, the latest coming out on March 27. As a result, in 2025, shares are down nearly 16% at the time of this writing. Does the price drop create an opportunity to grab shares, or should you stay away, as the short-sellers suggest? To answer that question, here's a deeper look. Before diving into the short-seller allegations, some background is necessary, starting with the astronomical ascent in AppLovin's share price. This was thanks to the company's stellar performance last year. Its 2024 sales totaled $4.7 billion, a 43% increase over 2023. Not only did sales see strong growth, the bottom line also increased 343% in 2024 to $1.6 billion. Helping the company achieve this net income growth was its excellent gross margin of 75%. The strong performance doesn't end there. It also generated im Show less Read more
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