Applovin Surges to 23rd in Trading Volume as TikTok Acquisition Rumors Swirl

On June 6, 2025, Applovin (APP) saw a trading volume of $2.137 billion, ranking 23rd in the day's stock market activity. The stock price increased by 0.91%.

Applovin is reportedly in the running to acquire TikTok, which could potentially save the social media platform from a U.S. ban. This move would bring significant attention to the company's founder, Adam Foroughi, who has largely remained out of the public eye. The acquisition of TikTok would not only be a strategic move for Applovin but also a bold step into the highly competitive social media market. The potential deal highlights Applovin's ambition to expand its reach and influence in the tech industry.