AppLovin Shares Jump as Revenue Continues to Surge. Is It Too Late to Buy the Stock?

AppLovin (NASDAQ: APP) once again held up to the short-seller scrutiny it's been under, with yet another quarter of surging revenue and profitability growth. The stock is now up more than 500% over the past year and more than 30% year to date.A trio of short-sellers -- Fuzzy Panda Research, Muddy Waters, and Culper Research -- have tried to cast doubt on the legitimacy and effectiveness of AppLovin's artificial intelligence (AI) adtech platform, Axon 2.0. However, the company just keeps delivering outstanding growth quarter after quarter.Meanwhile, their claims that AppLovin's software violates user privacy and installs apps on users' devices without their consent have not been met with any blowback from app store operators Alphabet or Apple.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool