AppLovin Corp Ordinary Shares - Class A

APP: XNAS (USA)
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AppLovin Earnings: Revenue Beat Illustrates Large Open Internet Opportunity; Lifting Fair Value 8%

AppLovin shares are up 13% in after-hours trading after announcing revenue in its advertising segment beat management guidance by 11% during the first quarter. Total revenue beat FactSet analyst expectations by 5%. AppLovin also entered into a definitive agreement to sell the gaming division.

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