AppLovin Stock's 40% Slide Called 'Out Of Step' With Fundamentals

AppLovin Stock's 40% Slide Called 'Out Of Step' With Fundamentals.

• AppLovin (APP) stock has lost 14% in March and nearly 45% year-to-date, a move that Evercore ISI analysts said is misaligned with the strength of the advertising technology company's business
• Evercore ISI analyst Robert Coolbrith reiterated an outperform call and price target 0f 750 for AppLovin stock in a client note Tuesday
• "We continue to view recent, negative stock price…