AppLovin Soars by Almost 30%! AI Advertising Business Shows Significant Growth, and the app Business is to be Sold!
Reading Time: 3 minutes
The marketing platform AppLovin (APP) published its financial results for the fourth quarter and the entire fiscal year 2024 on Wednesday, February 12, 2025, and generated quite a buzz with its positive outcomes. Notably, the revenue and profit estimates from analysts were significantly surpassed, showcasing tremendous growth in its advertising revenue. The stock price surged by over 28% towards the $500 mark. Gigantic revenue growth of 75% in advertising revenue for 2024 The total revenues of the AI-driven advertising technology company increased...
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