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0.000203443549768653 -0.000492547541545353 -0.00372622922734283 -0.00483039232482443 -0.00229141682371092 0.00520387185197865 0.0178709097138941 0.0255910570498544
Stock impact report

Jim Cramer Discusses AppLovin in Light of Google Competition Fears [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
growth stocks stuck in bear-market territory . A caller asked if they should sell their position or hang on to it, and Cramer replied: Okay, AppLovin was really not as much of a SaaS story… and I appreciate that because a lot of these stocks are that have come down. As much as we think that Google's going to come into their market, if that's the case, the stock's selling at 27 times earnings. It can go lower. It's bouncing right now. Why don't we let it bounce? I don't know, it's at $433. It could probably bounce to $450, $460. But then I think you gotta trim it because I do fear Google myself. A technical stock market chart. Photo by Energepic from Pexels AppLovin Corporation (NASDAQ:APP) provides a software platform that helps advertisers and app developers market and monetize their content. The company offers advertising solutions, analytics tools, connected TV services, and mobile games. During the April 1 episode, Cramer mentioned the stock while discussing winners and lose Show less Read more
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