AppLovin stock slides 8% after breaking a key level — what investors watch next
AppLovin shares fell 8.2% to $618.32 on Friday, closing below their 50-day moving average after a seven-session slide from December’s record high. About 5.6 million shares changed hands. There was no company-specific news behind the drop. Traders are watching if the stock holds above $600 ahead of February’s earnings report.