Why AppLovin Stock Was Taking a Dive Today
Shares of AppLovin (NASDAQ: APP) were heading lower today in an apparent response to Google's Project Genie, a new prototype from Google DeepMind that allows users to create virtual worlds for gaming with AI.
The news sparked a sell-off among gaming stocks as Unity Software, Take-Two Interactive Software, and Roblox all fell sharply on the news.
Applovin stock was down 11.7% as of 1:13 p.m. ET.
Source Fool.com
