Applovin Surges to 25th in Trading Volume as S&P 500 Inclusion Looms

On June 4, 2025, Applovin (APP) saw a trading volume of $19.70 billion, ranking 25th in the day's market activity. The stock price increased by 4.52%.

Bank of America analysts have identified Applovin as a strong candidate for inclusion in the S&P 500 index. This recognition is based on the company's robust financial performance and strategic initiatives, such as generating $826 million in free cash flow, a 113% year-over-year increase. Additionally, Applovin's decision to sell its games division is seen as a strategic move to enhance its market position.

The potential inclusion in the S&P 500 is significant for Applovin, as it would likely result in increased demand for the stock from mutual funds and exchange-traded funds (ETFs) that track the index. This could lead to a sharp rise in the company's stock price. The announcement of any changes to the S&P 500 index is expected around 5:15 p.m. New York time on June 6, with the changes taking effect before the start of trading on June 23.