AppLovin Corporation stock jumps as Wells Fargo lifts target ahead of Feb. 11 earnings
AppLovin shares jumped 4.4% to $643.44 midday Friday after Wells Fargo raised its price target to $735 and reiterated an Overweight rating. The move outpaced gains in the Nasdaq and broader tech sector. AppLovin will report fourth-quarter and full-year results on Feb. 11 after market close. Investors are watching ad demand trends and upcoming Fed policy signals.