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Why AppLovin Stock Gained 12% in April

TheMotleyFool

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Why AppLovin Stock Gained 12% in AprilPhoto, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

Shares of AppLovin (NASDAQ: APP) were moving higher last month as the adtech company bucked some of the headwinds in the software sector.

It was a roller coaster month for the stock, with shares trading up nearly 25% at one point, and AppLovin finished April up 12%, according to S&P Global Market Intelligence. As you can see from the chart below, a few strong days in the middle of the month were responsible for the stock's gains.