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SHA:603986.SS News 18 January 2026

Giga Device Semiconductor Class A stock hits limit-up in Shanghai as memory-price bets build into Monday

Giga Device Semiconductor Class A stock hits limit-up in Shanghai as memory-price bets build into Monday

SHANGHAI, Jan 18, 2026, 08:25 (GMT+8) — Market has closed. GigaDevice Semiconductor’s Class A shares on the Shanghai exchange (603986.SS) surged 10% to close at 280.46 yuan Friday, hitting their daily price limit. Trading volume reached roughly 55 million shares, pushing the stock to the peak of its 52-week range as chip stocks outpaced a weaker market. (英为财情 Investing.com) Mainland…
18 January 2026
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Stock Market Today

  • AppLovin Stock Outlook 2026-2030: AI Drives Growth Despite Recent Volatility
    January 23, 2026, 9:04 AM EST. AppLovin (NASDAQ: APP) shares surged nearly 800% since its 2021 IPO, despite a 35% drop early last year amid lawsuit and short-seller pressure. The stock rebounded with strong quarterly results, peaking at $745.61 before retreating 22% year-to-date, yet still outperforming major indexes. The company leverages AI-driven advertising through its Axon engine, expanding beyond gaming into sectors like e-commerce and fintech, as CEO Adam Foroughi noted during Q4 2024 earnings. Analysts remain mixed, with Benchmark and Jefferies maintaining Buy ratings amid fundamental concerns. AppLovin's focus on personalized ads and a new self-service platform underpin its secular growth potential. Investors weigh risk after a 90% post-pandemic drawdown against momentum from AI-powered innovations and new market penetration.
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