AppLovin stock price rebounds into holiday break as APP shares swing on AI fears, analyst calls
AppLovin shares rose 6.4% to $390.55 Friday, rebounding after Thursday’s sharp drop. The stock traded between $359 and $391.85, with volume falling to 9.1 million shares. Analysts adjusted price targets after AppLovin reported Q4 revenue of $1.658 billion and net income of $1.102 billion. U.S. markets will close Monday for Presidents Day.