The latest update is out from AppLovin ( (APP) ).
On February 10, 2025, Katie Jansen, AppLovin’s Chief Marketing Officer, announced her resignation effective March 14, without any disagreements related to company affairs. On February 12, 2025, the company revealed plans to sell its mobile gaming business for $900 million through a term sheet agreement, involving both equity and cash, with a provision for financing by AppLovin in case the acquirer cannot secure necessary funds.
More about AppLovin
AppLovin Corporation operates in the mobile technology industry, focusing primarily on mobile gaming and marketing services.
YTD Price Performance: 9.79%
Average Trading Volume: 5,391,422
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $129B
For an in-depth examination of APP stock, go to TipRanks’ Stock Analysis page.