AppLovin (APP) Q3 2026 Earnings
As seen on the 24/7 Wall St. homepage on November 4, 2026.
As seen on the 24/7 Wall St. homepage on November 4, 2026.
AppLovin opened up 29.5%, the single biggest move across 382 priority names and nearly double the next gainer. The downside is just as wide, with Dutch Bros off 15.1% and four more names down double digits.
AppLovin just added $3.2 billion to its existing repurchase authorization, roughly 3.8% of the company's $83.8 billion market value queued for removal from the float. This stacks on top of prior programs rather than replacing them.
A 10.71% jump to $271.82 adds roughly $8 billion to this $83.1 billion ad-tech name in a single session, one of its biggest one-day moves of the year. No confirmed catalyst in the data yet, so keep an eye on whether the gain holds into the close.
An 8.8% jump to $272.70 adds roughly $7 billion to an $83 billion ad-tech name in a single session. The move comes after Astera Labs, a related company, reported Q3 results, a pattern that has followed 6 of 6 of its earnings reports with a 2.2% average move.
AppLovin just marked a new 52-week low at $259.97, undercutting the low it set five days earlier and leaving the $79.5 billion ad-tech name roughly a third of its 52-week peak.
AppLovin just set a fresh 52-week low at $262.19, undercutting its October 2 low as securities fraud suits circle. Lead plaintiff solicitations hit the wire this week.
A former Pentagon undersecretary just disclosed 57 trades in one filing, with the heaviest buying in semiconductors and electronics manufacturing: NXP, ON Semiconductor and Benchmark Electronics all picked up in size. The disclosure landed 39 days after the earliest trade.
Storage names are taking the brunt of the open, with Seagate down 14.8%. On the other side, ON Semiconductor leads the gainers, leaving the spread across this stock universe at roughly 21 points in a single session.
Cramer wants to add software as the bounce-back trade and the beaten-down industrial names tied to data center power. He also warns that rising rates are the real threat heading into earnings season in a couple of weeks.
AppLovin just carved out a new 52-week low at $290.43, 2.73% under the August 24 floor. The $88.4 billion ad-tech name is trading below every level it held over the past year, so keep an eye on the stock.
The tape spread nearly 12 points wide at the close: C3.ai finished up 6.43% at $11.01 while Moderna gave back 5.52%. Enterprise tech names took the top four gainer slots, and the losers skew toward high-beta momentum.