Latest news with #AppLovinCorp
Yahoo
09-05-2025
- Business
- Yahoo
Tradr Launches Leveraged ETFs on APP and QBTS
APPX and QBTX Offer 2X Daily Exposure to High-Growth Companies NEW YORK, April 25, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, today announced the launch of two new single stock leveraged ETFs: APPX and QBTX. These funds aim to deliver twice (200%) the daily performance of the common stock of innovative companies with exposure to advertising technology and quantum computing. The new ETFs include: Tradr 2X Long APP Daily ETF (Nasdaq: APPX) – tracks AppLovin Corp. (APP) Tradr 2X Long QBTS Daily ETF (Cboe: QBTX) – tracks D-Wave Quantum Systems, Inc. (QBTS) Traders who are bullish on AppLovin or D-Wave can utilize Tradr ETFs' new funds to take advantage of swings in their daily stock price without using a margin account. The ETFs mark the first-ever leveraged products tied to the underlying stocks, further cementing Tradr's distinction as a pioneer in the single-stock ETF space. In 2022, Tradr ETFs became the first issuer to launch leveraged ETFs on single stocks, starting with TSLQ for Tesla and NVDS for Nvidia. "Our goal is to provide traders with the sharpest tools available so they can capitalize on the exciting narratives represented by ad tech and quantum computing," said Matt Markiewicz, Head of Product and Capital Markets at Tradr ETFs. "Both of these underlying stocks offer a unique combination of volatility, liquidity and a compelling growth story. In today's fast-moving equity market, we believe high-conviction traders looking for transparency and simplicity will appreciate Tradr's distinctive leveraged ETFs." APPX and QBTX can be accessed through brokerage accounts and allow investors to avoid the hassle of using margin and the complexity of options trading. With these launches, Tradr's lineup grows to nine leveraged ETFs. The firm continues its mission of providing sophisticated investors with innovative trading tools that enhance their ability to express market views with precision and efficiency. For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit About Tradr ETFsTradr ETFs are designed for sophisticated investors and professional traders who are looking to express high conviction investment views. The strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs. IMPORTANT RISK INFORMATION Tradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other ETFs. The Funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund's return as much as, or more than, the return of the underlying security. Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period. Leverage increases the risk of a total loss of an investor's investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and their reference security. The Funds seek leveraged investment results for a specific period (daily, monthly or quarterly). The exact exposure of an investment in the Fund intra-period will depend upon the movement of the reference security from the end of the prior period until the time of investment by the investor. ETFs involve risk including possible loss of the full principal value. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus. Past performance does not guarantee future results. ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns. Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Fund is contained in the Prospectus, which can be obtained by visiting The Prospectus should be read carefully before investing. Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI000657 View original content: SOURCE Tradr ETFs Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
07-05-2025
- Business
- Bloomberg
AppLovin Sales Jump, Sells Mobile-Games Unit to Tripledot
AppLovin Corp. agreed to sell its video-games unit to London-based Tripledot Studios to focus on its advertising technology business. The Palo Alto, California-based marketing company is receiving $400 million in cash and a 20% stake in Tripledot, according to a filing on Wednesday.
Yahoo
12-04-2025
- Business
- Yahoo
Why AppLovin Corp. (APP) Went Down On Friday?
We recently published a list of . In this article, we are going to take a look at where AppLovin Corp. (NASDAQ:APP) stands against other firms that suffer amid optimistic market environment. Wall Street's main indices recovered losses on Friday, as investors repositioned portfolios while digesting the ongoing trade tensions between the world's two largest economies. After a battering this week, the Nasdaq finished the day up 2.06 percent; the S&P 500 rose 1.81 percent; and the Dow Jones grew 1.56 percent. Ten companies, on the other hand, defied a wider market optimism, recording modest losses during the day. In this article, we have listed Friday's worst performers and detailed the reasons behind their declines. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume. A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. AppLovin dropped for a second day on Friday, shedding 5.26 percent to end at $249.95 apiece as investors sold off following a shareholder law firm's announcement urging shareholders to join a class action lawsuit against the company. On Thursday, law firm Levi & Korsinsky urged shareholders who lost money between May 10, 2023, and February 25, 2025, from their investments in APP to join the lawsuit alleging APP of reporting dishonest advertising practices. 'According to the complaint, defendants provided investors with material information concerning AppLovin's financial growth and stability…Moreover, defendants publicly reported impressive financial results, outlooks, and guidance to investors, all while using dishonest advertising practices,' the law firm said. 'The truth emerged on February 26, 2025, when analyst research reports emerged stating that AppLovin was reverse engineering and exploiting advertising data from Meta Platforms. The reports further alleged AppLovin was utilizing manipulative practices to artificially inflate their own ad click-through and app download rates, such as by having ads click on themselves or utilizing design gimmicks to trigger forced shadow downloads, erroneously inflating installation numbers and, in turn, its profit figures,' it claimed. APP, however, reassured investors of best practices, adding that it hired a law firm to investigate the allegations. Overall, APP ranks 3rd on our list of firms that suffer amid optimistic market environment. While we acknowledge the potential of APP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than APP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
06-04-2025
- Business
- Yahoo
Why AppLovin Corp. (APP) Performed Worst On Friday?
We recently published a list of . In this article, we are going to take a look at where AppLovin Corp. (NASDAQ:APP) stands against other Friday's worst performing stocks. The stock market suffered a bloodbath anew on Friday as investors digested news of a growing trade war, with China making good on its promise with a steep tariff on US goods. As of 2:55 PM, the S&P 500 lost 5.47 percent of its value, the tech-heavy Nasdaq fell 5.37 percent, and the Dow Jones was down by 5.09 percent. Following President Donald Trump's imposition of hefty tariffs on all imports to the US, China on Friday struck back with a 34-percent tariff on US goods. The tariffs will begin on April 10. Ten individual stocks mirrored a broader market pessimism, recording steep intra-day losses. In this article, let us explore Friday's worst intra-day performers and the reasons behind their decline. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5 million in trading volume. A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. AppLovin declined for a third consecutive day on Friday, losing 19.10 percent at intra-day trading as investors sold off positions amid the overall market pessimism, shunning news that it was acquiring social media giant TikTok. According to reports, APP co-founder and CEO Adam Foroughi confirmed that the company placed bids to potentially acquire TikTok, but refuted reports that casino mogul Steve Wynn was involved in the bid. In a regulatory filing, APP said it submitted a bid to acquire TikTok assets outside of China ahead of the supposed April 5 deadline set by US President Donald Trump to find a non-Chinese buyer. However, it said that the bid proposal is still preliminary and there can be no assurance that a transaction will proceed. Amazon Inc. and separately, a consortium led by OnlyFans founder Tim Stokely, are competing with APP to acquire the Chinese firm. Overall, APP ranks 4th on our list of Friday's worst performing stocks. While we acknowledge the potential of APP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than APP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Why AppLovin Corp. (APP) Went Up On Tuesday?
We recently published a list of . In this article, we are going to take a look at where AppLovin Corp. (NASDAQ:APP) stands against other firms that outperform broader market on Tuesday. The stock market finished mixed on Tuesday, with the Dow Jones the sole loser with a marginal 0.03-percent dip, as investors awaited clarity on President Donald Trump's new tariff rollout. The tech-heavy Nasdaq ended 0.87 percent higher, while the S&P 500 grew 0.38 percent. Meanwhile, 10 individual stocks outperformed the bellwether indices, finishing the day in the green amid a flurry of fresh corporate developments that boosted investor appetite. In this article, we named Tuesday's top performers and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5 million in trading volume. A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. AppLovin saw its share prices rise by 6.69 percent on Tuesday to end at $282.7 apiece as investors cheered the company's reassurance of best business practices, debunking allegations from Muddy Waters that it might be extracting proprietary IDs from major social media platforms, a violation of data privacy laws and could lead to deplatforming. According to APP, it hired Quinn Emanuel Firm to conduct an independent review and investigation into Muddy Waters' allegations. 'We are fully committed to defending the Company, its operations, and its reputation from those seeking to manipulate the market through false narratives,' said APP CEO Adam Foroughi. 'We will take all necessary steps to ensure the facts are known and to protect our employees, stockholders, and partners.' Overall, APP ranks 8th on our list of firms that outperform broader market on Tuesday. While we acknowledge the potential of APP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as APP but trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
