Feb. 5 at 4:18 PM
$APP ... AppLovin &
$U hit by new AI startup. Wedbush Securities indicated that the sharp decline in AppLovin's stock may stem from concerns over e-commerce churn, SEC-related issues, and 'competitive optionality,' with CloudX potentially breaking AppLovin's 'walled garden' moat.
https://intellectia.ai/news/stock/applovin-and-unity-shares-hit-by-new-ai-startup