New York, Feb 10, 2026, 10:45 (EST) — Regular session
- AppLovin shares up about 3% on Tuesday after a 13% jump in the prior session
- CapitalWatch retracted parts of allegations about shareholder Tang Hao; Jefferies called recent fears “overblown”
- Investors turn to AppLovin’s results after the bell on Feb. 11
AppLovin Corp shares rose about 3% to $474.31 in morning trading on Tuesday, extending a sharp rebound after a critic walked back part of its earlier claims. The stock has traded between $462.13 and $479.67 so far in the session.
The gains matter because AppLovin’s share price has been whipped by short-seller reports — research from investors who bet a stock will fall — just as the company heads into quarterly results. With earnings due on Wednesday, traders are trying to decide whether the latest bounce is a clean reset or just the next swing in a bruising tape.
CapitalWatch said it was “formally retracting” certain allegations about shareholder Tang Hao after an internal review found some claims did not meet its standards, while saying it would publish a fresh report on AppLovin. CapitalWatch also said it has no financial interest in the company; AppLovin has pushed back and sent a cease-and-desist letter seeking a retraction. AppLovin, which joined the S&P 500 late last year, is still about 37% below its December peak even after Monday’s rally, though it is up about 20% from a year ago. 1
AppLovin shares closed up 13.2% on Monday at $460.38 after the correction and apology circulated, according to historical pricing data. 2
Jefferies analyst James Heaney said the stock’s 39% year-to-date slide had created a “great buying opportunity,” reiterating a buy rating and a $860 price target. His note described concerns around CloudX, Meta’s Audience Network and Google’s Genie project as “overblown” ahead of what he expects will be a significant fourth-quarter revenue beat. 3
AppLovin is scheduled to report fourth-quarter and full-year 2025 results after U.S. markets close on Wednesday, and will host a webcast at 5 p.m. ET led by CEO Adam Foroughi and CFO Matthew Stumpf. 4
But the bounce leaves little room for stumbles. A cautious outlook, or another round of allegations that catches traction, could quickly pull the stock back into the kind of air pockets that marked January.
The next test is the Feb. 11 report and management’s guidance, with investors listening for commentary on demand from gaming and e-commerce advertisers and any response to questions about compliance and data practices.
