APP, NasdaqGS

AppLovin Corporation (APP)

Price (as of September 5)

24.09USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

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MANH

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Highest within Industry

Symbol Correlation

IOT

Samsara Inc.

0.63

AFRM

Affirm Holdings, Inc.

0.59

HUBS

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DOCN

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APPS

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0.56

COUP

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0.55

ASAN

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0.55

CRM

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0.54

COIN

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0.54

DDOG

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0.53

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Profile

Sector:
Technology
Industry:
Software

AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company’s software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app’s advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.