Reported about 4 hours ago
AppLovin Corp has gained support from various Wall Street analysts who believe the recent selloff due to short reports presents a buying opportunity. Despite shares dropping significantly following allegations of misleading practices surrounding its AI advertising platform, analysts maintain a bullish stance, recommending the stock as a buy based on the company's strong client base and revenue growth potential. Analysts emphasize the inaccuracy of the claims and express confidence in AppLovin's business fundamentals.
Source: YAHOO