AppLovin Corporation traded at $260.25 this Friday October 23rd, decreasing $4.03 or 1.52 percent since the previous trading session. Looking back, over the last four weeks, AppLovin lost 16.71 percent. Over the last 12 months, its price fell by 58.02 percent. Looking ahead, we forecast AppLovin Corporation to be priced at 254.73 by the end of this quarter and at 238.87 in one year, according to Trading Economics global macro models projections and analysts expectations.
AppLovin Corporation is a marketing platform. The Company provides end-to-end software and artificial intelligence (AI) solutions for businesses to reach, monetize and grow their global audiences. The Company's advertising solutions include a comprehensive suite of tools including AppDiscovery, MAX, Adjust and Wurl. AppDiscovery is powered by AXON, its AI-powered advertising engine, and matches advertiser demand with publisher supply through auctions at vast scale and at microsecond-level speeds. MAX is its monetization solution, utilizing an advanced in-app bidding technology that optimizes the value of a publisher’s advertising inventory by running a real-time competitive auction, driving more competition, and higher returns for publishers. Adjust is its measurement and analytics marketing platform which provides marketers with the visibility, insights, and data needed to scale their apps marketing and drive more informed results. Wurl is its connected TV (CTV) platform.