AppLovin stock today: APP slides 8% and breaks a key trend line — what traders watch next
NEW YORK, January 3, 2026, 20:17 ET — Market closed AppLovin Corp (NASDAQ: APP) shares fell 8.2% on Friday to $618.32, extending a late-December pullback into the first trading day of 2026. The stock hit about $611 and ended below its 50-day moving average near $639, a closely watched momentum gauge, MarketBeat data showed. The drop marked a seventh straight session of losses since the stock hit an all-time high of $733.60 on Dec. 22, making it the worst performer in the S&P 500 on the day, Barron’s reported. AppLovin gained 108% in 2025, and the retreat has sharpened debate