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Applovin (APP) CEO With A Company Overview
Schwab Network
English - August 25, 2021 17:37 - 10 minutes - 111 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Why Nordstrom (JWN) Is Sinking Despite Posting 2Q Profit, Higher Sales
AppLovin (APP) is a software solutions provider for mobile applications. Adam Foroughi, Founder and CEO of AppLovin, gives an overview of the company. AppLovin went public in 2021 and completed a $1B acquisition of Adjust in February 2021. Its stock hit highs above $90 on June 18th, and its 2Q revenue came in at $668.8M versus the prior year’s revenue of $293.3M. USB maintains a buy rating on AppLovin with an $80 price target. Tune in to find out more.