Why AppLovin’s Discount May Be Unwarranted Ahead of Q3
AppLovin (NASDAQ:APP) reports third-quarter results in early November, and the question hanging over it is whether the company can keep growing this fast. In the second quarter, revenue rose 53% to $1,924 million, and net income grew even faster. Yet the stock is priced as if that pace is about to fade. At about 16 […]
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