Back to News
Market Impact: 0.32
AppLovin Drops 5% as Edgewater Warns Market Share Growth Has Stalled; Magnite Slips, Trade Desk Slips 3%
Source: 247wallst.com
Analyst InsightsTechnology & InnovationCompany Fundamentals
AppLovin shares fell 5% to $310.70 in Wednesday morning trading after Edgewater Research warned that the ad-tech company's market-share gains appear to have stalled. Magnite shares also declined 1.5% to $24, indicating modest negative read-through for the digital advertising technology sector.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.38
Ticker Sentiment
APP-0.55
MGNI-0.10
More News
- APP Deadline: Rosen Law Firm Urges AppLovin Corporation (NASDAQ: APP) Investors with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
- APP DEADLINE ALERT: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages AppLovin Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important November 16 Deadline in Securities Class Action
- CoreWeave seeks truce with Texas Governor-elect Hinojosa
- Cathie Wood 'always feels better when the market is worried' — here's why
- These funds tout hefty income tied to the tech trade – if you’re willing to deal with the complexity
- Street Calls of The Week