The valuation of $AppLovin(APP.US) is not considered low even in the blue-chip stocks of the US market, but the price movements are always boring... This time it fell by 0.67%, and the turnover rate is as normal as it gets π« . The growth drivers are still the same old advertising + mobile games, with a profit model that runs on both ends. The competition in the main markets of Europe and the US is extremely fierce now.
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