Mar. 6 at 4:13 PM
Is
$APP's rally running out of steam? 🚀
After a 25% gain in the past month, following a 26.5% drop over the past three months, AppLovin looks richly valued with a forward P/E of 30.9 and a forward P/S of 20.33, both well above industry averages. Any slowdown could trigger a pullback as market expectations are high. ⚠️
See if APP's long-term growth story holds up 👉 https://www.zacks.com/stock/news/2880235/applovin-gains-25-in-a-month-should-you-still-buy-the-stock?cid=sm-stocktwits-2-2880235-body-36385&ADID=SYND_STOCKTWITS_TWEET_2_2880235_BODY_36385