Consider selling AppLovin due to threats from Apple's privacy update and competition

From Nasdaq: 2024-08-09 09:15:00

AppLovin (NASDAQ: APP) has been a top-performer with high trading volume, but three reasons suggest selling consideration. Apple’s privacy update poses a threat, and competition could affect AppLovin’s success. Stock price history shows potential for growth, but PEG ratio analysis indicates caution. Investors should weigh risks before investing in AppLovin.



Read more at Nasdaq: AppLovin: Is It Time to Bail on This Popular, High-Flying Growth Stock?