Applovin’s blowout earnings forecast helps send its stock soaring
App-monetization company Applovin Corp. had a strong holiday season that helped power it to better-than-expected results for the latest quarter.
Shares surged 17% in Wednesday’s extended session, as Applovin APP also blew past estimates with its outlook for the current quarter.
The company generated fourth-quarter revenue of $953 million,…
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