AppLovin’s stock surged nearly 19% this week after being included in the S&P 500 index. Analysts raised the price target to $725 per share, anticipating a 25% upside. The changes will take effect on Monday, displacing MarketAxess Holdings, Caesars Entertainment, and Enphase Energy. Wedbush analyst Alicia Reese cited strong growth in gaming and e-commerce segments.

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Read more at Yahoo Finance: Why AppLovin Stock Zoomed Almost 19% Higher This Week