AppLovin (APP) Falls to a Fresh Annual Low Below $300
As seen on the 24/7 Wall St. homepage on August 24, 2026.
AppLovin broke below $300 for the first time in a year, undercutting its August 12 low by 1.7%. The company is now worth less than half of its late-December peak near $727.
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AppLovin broke below $300 for the first time in a year, settling at $298.59 and undercutting the prior low set on August 12. The stock has now punched through that floor on a closing basis.
That leaves the stock at less than half its late-December peak of $727.50, with holders from that high sitting on a loss of more than half their position.
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The latest leg lower accelerated through the $400 range and then below $300, and it has been both steep and swift.
For investors still holding, the question is whether the breakdown below $300 attracts fresh sellers or draws buyers who see an overreaction. With no technical support visible from the past year of trading, the burden of proof is on the bulls.
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Mentioned: APP