Can AppLovin Stock Rebound This Year?
Short-seller reports can have a devastating impact on a stock. This year, tech company AppLovin (NASDAQ: APP) has been hit with multiple short reports questioning the validity of its business model. While the company has pushed back against its detractors, saying that it's "building the world's best advertising AI model," many investors remain hesitant to take a chance on the stock.
The company has been growing its top and bottom lines rapidly, but the dark cloud hovering over the stock simply hasn't gone away. Is there a way for AppLovin to turn things around this year, and could it be a great buy on the dip, or should you steer clear of it for now?
One way AppLovin could put the questions about its business to rest would be by delivering strong results, growing its sales, and improving its bottom line. A big reason the company captivated growth investors in the past was its accelerating top-line growth.
Source Fool.com
