Lauren Balik’s The Captain’s Log issued a “Strong Sell” rating on AppLovin (APP). The company is “merely a Russian/Belarusian/Cypriot hellhole of related-party transactions on low-tier mobile games in a declining industry,” the firm said in a blog post.
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Read More on APP:
- AppLovin price target raised to $425, named a 2025 Top Pick at Jefferies
- QQQ ETF News, 1/8/2025
- BofA says AppLovin’s Q4 Apps revenue below Street likely a surprise to investors
- QQQ ETF News, 1/1/2025
- QQQ ETF Update, 12/26/2024
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
