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News 2026-09-28 11:06 UTC

Weekly Recap: MAX ad network ceiling and stock near 52—week low

AppLovin Corp. Class A (NASDAQ:APP) is under pressure as Edgewater warns MAX ad network hit a functional ceiling and trims near—term revenue amid Unity competition and mixed AXON 2.0 AI gains, sending the stock near its 52—week low while founder Foroughi still holds ~11% and firm value tops $100B.P…