Applovin Stock Is Taking Off Thursday: What's Going On?

Applovin Corp (NASDAQ:APP) shares are rocketing higher Thursday after the company reported better-than-expected financial results for the third quarter and added $2 billion to its buyback. Here’s a look at what you need to know.

What To Know: Applovin reported third-quarter revenue of $1.2 billion, beating analyst estimates of $1.13 billion, according to Benzinga Pro. The mobile software company reported quarterly earnings of $1.25 per share, beating estimates of 94 cents per share.

Total revenue was up 39% year-over-year, driven by strong ...

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