Why AppLovin Stock Dived by 4% Today
A new research note sounding a cautionary note about AppLovin (NASDAQ: APP) drove the adtech company's stock down on Wednesday. Investors clearly took the analysis to heart, selling out of the shares to leave them with a 4% loss that trading session. Edgewater Research's Joe Wittine was the person behind that note, and his warning was that AppLovin is not expanding its market share. Image source: Getty Images. Continue reading