Why Applovin Rallied Today
Source: Motley Fool
2026-05-27 17:00:09 ET
Shares of AppLovin (NASDAQ: APP) rallied 10.4% on the day.
AppLovin didn't report any financial news today, as its first-quarter earnings report came on May 11. However, one Wall Street analyst gave the stock a thumbs-up on Wednesday, noting that AppLovin's growth potential may still be underestimated.
In an analyst note today, Morgan Stanley analyst Matthew Cost kept an Overweight rating and a $720 price target on the stock. That compares with a $514 stock price at the start of the day.
Applovin Corporation
NASDAQ: APP
APP Trading
1.31% G/L:
$607.84 Last:
2,337,173 Volume:
$601.47 Open:
APP Latest News
May 28, 2026 12:47:43 pm
AI Is Rewriting How Brands Reach Customers - and How They Defend Themselves. This Small-Cap NASDAQ Stock Is Quietly Betting on Both
APP Stock Data
$159,849,335,450
301,455,860
4.09%
807
N/A
Software & IT Services
Technology
US
Palo Alto
