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Applovin Corp shares surge over 16% in after-hours trading on strong Q3 results

Investing.com · ·by G4L

APP Applovin Corp
$395.51 -3.53%
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  1. 1Applovin Corp shares rose more than 16% in Wednesday after-hours trading.
  2. 2Applovin Corp's Q3 earnings per share (EPS) of $4.30 beat the analyst estimate of $4.04.
  3. 3Applovin Corp's Q3 revenue of $2.18 billion exceeded market expectations.

So what's the key point?

Applovin Corp earned more money than experts expected. The stock price rose by more than 16% following the strong earnings report.

Source Investing.com · View original ↗

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