Finance 1h ago 1 min read
AppLovin $APP fell 19% after Q2 revenue of $1.924B missed the $1.94B consensus. The company still grew revenue 53% year over year, but Q3 guidance of $2.055B-$2.085B left little room for a valuation reset.
AppLovin $APP fell 19% after Q2 revenue of $1.924B missed the $1.94B consensus. The company still grew revenue 53% year over year, but Q3 guidance of $2.055B-$2.085B left little room for a valuation reset.