AppLovin Corporation (APP) is up 20.66 percent, surging $99.27 to $479.59. The stock's sharp rise follows the company's strong first-quarter results, with revenue reaching $1.37 billion, up from $953.26 million, and net income climbing to $599.20 million from $172.23 million.
APP is currently trading at $458.88, up from the previous close of $380.32. The stock has fluctuated between $478.16 and $525.04 in today's session. Trading volume stands at 10.73 million shares, more than double the average volume of 5.47 million.
The stock is testing the upper end of its 52-week range of $52.75 to $525.04, as investors react positively to the company's significant earnings growth.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.