AppLovin stock price slides in Friday trade as ad-tech nerves creep back
AppLovin shares fell 3.4% to $429.78 Friday, reversing part of a 13% rebound from earlier in the week, as growth stocks and ad tech names slid. About 3 million shares traded; the Nasdaq dropped 1.3%. Investors cited sector nerves and ongoing SEC scrutiny. The Trade Desk’s cautious outlook added to the risk-off mood.