AppLovin Shares Surge More Than 20% After Record Q3 Results
AppLovin reported record third-quarter results, with revenue up 55% and net income up 72%, and expanded its share buyback authorization to $3.6 billion.
AppLovin Corp. (APP) stock surged more than 20% overnight after the advertising technology company delivered record third-quarter (Q3) results, with revenue jumping 55% and net income climbing 72%. Strong profit, cash generation, and an expanded $3.6 billion share buyback authorization further boos…