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Barchart
Barchart
Wajeeh Khan

Should You Buy the Dip in AppLovin Stock Today?

AppLovin (APP) shares plummeted nearly 20% today as valuation and artificial intelligence (AI) disruption fears overshadowed the ad-tech firm’s exceptionally strong Q4 release. 

APP saw its revenue grow by 66% on a year-over-year basis to $1.66 billion in the fourth quarter, helping earnings come in at $3.24 a share, both miles ahead of Street estimates. 

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