Applovin Drops 4.42% With $16.68 Billion Trading Volume Ranking 39th Amid New Investment and Citi's Buy Rating

On July 22, 2025, Applovin (APP) experienced a decline of 4.42%, with a trading volume of $16.68 billion, ranking 39th in the day's stock market activity.

Bailard Inc. has recently made a new investment in Applovin Corporation, indicating a potential interest in the company's future prospects. This investment could signal confidence in Applovin's strategic direction and growth potential, which might influence investor sentiment and stock performance in the coming days.

Citi has reaffirmed its Buy rating and $600 price target for Applovin ahead of its Q2 earnings report. This reiteration suggests that analysts remain optimistic about the company's financial performance and market position, which could provide a positive outlook for investors considering Applovin's stock.