From Nasdaq: 2025-04-30 14:08:00

AppLovin’s stock (NASDAQ: APP) is down 5.9% amid a broader market sell-off, hitting a low of 14.8% earlier. Analysts predict a significant growth deceleration this year due to increased competition. Despite strong past performance, AppLovin’s valuation remains high compared to sales targets. Investors are wary of Edgewater Research’s forecast.

The U.S. Commerce Department reported a 0.3% GDP contraction, driven by a surge in imports ahead of new tariffs. Consumer spending also slowed to 1.8% growth from 4% last year. This unexpected decline raises concerns about the economy’s strength, leading to a market pullback.

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Read more at Nasdaq: Why AppLovin Stock Is Sinking Today