AppLovin stock jumps nearly 5% as traders chase another swing in APP shares
AppLovin shares climbed 4.8% to $441.80 in late Thursday trading, extending a rebound after a 7.2% gain the previous session. A recent SEC filing showed CFO Matthew Stumpf had shares withheld for taxes tied to RSU vesting. The stock moved amid ongoing regulatory scrutiny and as ad-tech peers flagged weaker demand. No new company announcements were made Thursday.