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AppLovin (APP.US) surged 36% in a single week, setting a record, while the 100 billion AI stock is embroiled in a heated bubble debate.
AppLovin's financial performance for the fourth quarter and the entire year of 2024, revealed last week, significantly exceeded Wall Street expectations. This impressive performance drove its stock price to soar by about 36%, while also sparking widespread discussion among Analysts regarding its valuation level.
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The king of AI applications, 50 times increase in two years!
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AppLovin Rally Fuels Valuation Debate
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Applovin Options Spot-On: On February 14th, 222.53K Contracts Were Traded, With 376.75K Open Interest
The Muscle : 600!