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AppLovin Corp. (NASDAQ: APP ) shares are falling Tuesday after BofA Securities downgraded the stock from Buy to Neutral and cut its price target to $400 from $430. AppLovin shares are approaching critical lows. Why is APP stock at lows? AppLovin Stock Drops On BofA Downgrade AppLovin shares dropped after BofA analyst O
BofA downgrades AppLovin on growth concerns
APP BofA Downgrades APP to Neutral, PT $400 Analyst comments: "We believe the risks to APP's articulated 30% Y/Y LT revenue growth trajectory (including "Consumer") have increased. Post-Q2 print, engineer-directed improvements to Gaming models appear to be the primary driver of Q/Q growth, while it has become unclear w
AppLovin Corp (NASDAQ: APP ) shares are dropping after the company reported mixed second-quarter financial results. AppLovin stock is testing lower boundaries. Why are APP shares at support? AppLovin Q2 Earnings Highlights For the quarter, AppLovin posted revenue of more than $1.92 billion, falling short of the approxi