Owning expensive growth cost you today: AppLovin closed down 19.9%, with Axon and Duolingo double-digit and…

As seen on the 24/7 Wall St. homepage on August 6, 2026.

Biggest movers · At the close
Gainers
  • CLOVClover Health$4.67+12.7%
  • SOUNSoundHound AI$7.03+9.3%
  • ALABAstera Labs$340.48+6.9%
  • JOBYJoby Aviation$8.25+5.8%
  • FNFabrinet$552+5.7%
Losers
  • APPAppLovin$334.86-19.9%
  • BROSDutch Bros$53.79-18.1%
  • FUBOfuboTV$9.22-13.5%
  • AXONAxon Enterprise$530.32-13.0%
  • DUOLDuolingo$121.84-10.0%

Owning expensive growth cost you today: AppLovin closed down 19.9%, with Axon and Duolingo double-digit and near double-digit losers alongside it. The money rotated into AI hardware, where Astera Labs and Fabrinet both finished higher.

Mentioned: APP, AXON, DUOL, BROS, ALAB, FN, CLOV, SOUN

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