AppLovin fell after missing Q2 revenue estimates, reporting weaker AI model updates, and receiving a Bank of America downgrade.
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AppLovin Corporation
AppLovin Corporation operates a vertically integrated advertising technology platform. The company focuses on its proprietary AI-powered AXON engine to optimize ad placements and user acquisition.
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newest firstAppLovin stock fell after a Bank of America downgrade and a Q2 revenue miss alongside rising AI compute costs.
read the report →AppLovin stock dropped after missing Q2 revenue estimates and issuing soft Q3 guidance due to a delayed AI model update.
read the report →Bank of America cut its revenue and EPS forecasts following third-party data showing a slowdown in e-commerce merchant onboarding.
read the report →Shares fell due to a BofA note on soft e-commerce ad growth, an AI/tech sector selloff, and new class action legal probes.
read the report →The stock fell due to slowing e-commerce footprint growth, heavy insider selling, and a tech selloff triggered by U.S.-Iran tensions.
read the report →AppLovin fell after a BofA report showed slowing June e-commerce advertiser sign-ups, compounded by tech selling and insider sales.
read the report →The stock fell 12.65% after a BofA report showed decelerating e-commerce client additions, compounded by a broader AI market selloff.
read the report →AppLovin stock surged following the global rollout of its AXON self-serve AI ad engine and strong Wall Street analyst upgrades.
read the report →Raymond James initiated coverage with a Strong Buy rating and $640 price target, highlighting the global open launch of AXON AI.
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