AppLovin, headquartered in Palo Alto, California, is a mobile marketing platform with 1,717 employees that went public on April 15, 2021. It operates through Software Platform and Apps, offering key solutions like AppDiscovery, MAX, Adjust, and Wurl.
APP has been in the news recently: AppLovin Corp. shares increased by over 11% following its announcement for inclusion in the S&P 500, contributing to a rise of 12% to all-time highs and adding $14 billion to its market capitalization. The company's short percent of float has grown to 10.31%, with 11.65 million shares sold short, requiring 1.5 days to cover.
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