AppLovin Joins Nasdaq-100; Stocks Soar 3,250% Since Last Year

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AppLovin, the latest addition to the Nasdaq-100 as of November 18, has seen its stock price skyrocket by 3,250% since early last year, driven by its innovative AI-powered advertising tools for app developers. With impressive quarterly revenue growth and promising expansion into e-commerce, analysts overwhelmingly rate the stock as a strong buy heading into 2025, indicating that despite its rapid rise, there remains considerable potential for further gains.

Source: YAHOO

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