AppLovin’s Stock Price Retests $270 After Pre-Market Decline
AppLovin’s stock (NASDAQ: APP) looks set to retest the $270 level in the pre-market, with the price pulling back 6.65% overnight after tariffs saw a major stock sell-off. This reverses the trend during the regular trading session where the stock had worked to rally 2.7% into the close, and retesting $300 in the afterhours session.
However, this single-day gain must be viewed within the challenging context of the stock’s recent performance. Over the past month, AppLovin shares have fallen 13.92%, with the YTD picture similarly difficult, with the stock down 15%.
This downturn marks a stark contrast to the bullish sentiment surrounding the company earlier in the year, which saw the stock price reach an all-time high of $525.15 on…
