Up Over 700% This Year, Has AppLovin Stock Finally Reached a Peak?

AppLovin (NASDAQ: APP) is a software company that surged in value this year. Its platform can help businesses monetize games, and there may be an even bigger opportunity ahead in e-commerce. Investors appear to be buying up the growth story in droves, with shares of AppLovin going parabolic and hitting all-time highs this year.But has the bullishness gotten too far ahead of itself? Has the stock peaked, or could there still be more upside left for investors who buy shares of AppLovin today?Shares of AppLovin are up more than 700% this year as the stock took off in recent months. And if you look at the company's impressive growth, there's little wonder why investors have become so bullish on it.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool