Why AppLovin (APP) stock price slid 6% Friday — and what comes next
AppLovin shares fell 6.3% Friday to $568.76, then held steady after hours. Evercore ISI initiated coverage with an Outperform rating and $835 target, citing strength in ad tech and e-commerce. The company will report Q4 and full-year results on Feb. 11 after markets close. The SEC continues to investigate AppLovin’s data practices, with no formal charges reported.