AppLovin Stock Has One Thing Left To Prove

AppLovin (APP) stock has lost 55.6% over the past year, trailing a 17.3% return for the S&P 500. Following that decline, shareholders may be counting on a newer line of business: selling web ads to online sellers, rather than just placing them in mobile games. The catch is that AppLovin has yet to show these sellers will actually spend money on a platform best known for games.