AppLovin Sinks 12.6% in Fifth Straight Decline Amid US-Iran Tensions

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โดย Insider Monkey·Read original
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AppLovin shares fell 12.65 percent to $442.85 on Monday, extending a losing streak to five consecutive days as investors sold off amid re-escalating tensions between the US and Iran. The broader market also declined, with the Nasdaq down 1.55 percent, the S&P 500 off 0.79 percent, and the Dow Jones slipping 0.26 percent. Over the past five trading days, AppLovin has lost 18.56 percent. The company is scheduled to report second-quarter earnings on August 5, 2026, with revenue guidance of $1.915 billion to $1.945 billion, representing 52 to 54 percent growth from $1.259 billion a year earlier, and adjusted EBITDA expected between $1.615 billion and $1.645 billion, up 58.6 to 61.6 percent from $1.018 billion.

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Applovin Corp
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