AppLovin Stock Skyrockets 748% This Year: Too Hot to Touch?
From Nasdaq: 2024-12-12 15:00:00
- AppLovin Corporation (APP) has seen a remarkable 748% surge in its stock price in 2024, outpacing the industry’s 54% rally.
- APP’s financial performance is strong, with a 39% year-over-year revenue increase and a 72% rise in adjusted EBITDA in the third quarter of 2024.
- AppLovin Corporation (APP) is recommended as a "must buy" stock due to its impressive financials, liquidity, and growth prospects, with a Zacks Rank #1 (Strong Buy).
- Zacks is naming its top 10 stocks for 2025, with a history of outperforming the S&P 500 and impressive gains, set to be released on January 2nd.
Read more at Nasdaq: AppLovin Stock Skyrockets 748% This Year: Too Hot to Touch?