AppLovin shares jump 8.8% ahead of third-quarter earnings report
The gist
AppLovin stock rose 8.84% to $267.21 on Nov 4 ahead of Q3 results due after the close.
The ad-tech firm is down 60% this year, so the report is a test.
How it unfolded
- May 6, 2026AppLovin reported Q1 results: EPS of $3.56, up 113% year over year and above the $3.44 FactSet consensus, with sales up 59% to $1.84 billion.
- Aug 5, 2026Q2 revenue came in slightly below consensus and Q3 guidance landed below Wall Street expectations; the company also said an SEC probe was closed. Shares fell as much as 28% after hours before paring losses to about 17%.
- Aug 10, 2026APP stock had declined roughly 17% since the Aug. 5 earnings release.