Applovin Shakes Off 2026 Slump, APP Surges 6.4% on Q1 Earnings Beat and AXON Expansion
Applovin (APP) shares surged 6.41% on Thursday, closing at $498.87 after the company delivered a convincing double-beat on its first-quarter earnings. The results have effectively silenced critics who questioned the sustainability of the company's AI-driven advertising growth.