AppLovin Corporation (APP) shares fell 7.15 percent on Friday, declining $48.20 to trade at $625.62. The stock moved lower despite no company-specific news.
The stock opened at $683.50, compared with a previous close of $673.82. During the session, shares traded between a low of $610.58 and a high of $683.50 on the Nasdaq. Trading volume totaled about 3.52 million shares, below its average daily volume of roughly 4.39 million shares.
AppLovin has traded within a 52-week range of $200.50 to $745.61.
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