AppLovin (APP) Misses Q3 EPS by 6c; Guides Lower

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. PINS
4. COIN
5. RDDT
6. FSLR
7. SYK
8. MA
9. FND
10. DASH

Go back to AppLovin (APP) Misses Q3 EPS by 6c; Guides Lower

AppLovin downgraded as mobile app ecosystem weakness prompts cautious tone at BofA

November 11, 2022 12:32 PM EST

AppLovin (NASDAQ: APP) was downgraded to Neutral by BofA on Friday, with the firm also slashing its price target on the stock to $17 per share from $35.

BofA analyst Omar Dessouky told investors in a research note that mobile app ecosystem weakness has prompted a more cautious tone.

AppLovin shares are up... More