Applovin Slumps to 51st in Trading Volume as S&P 500 Exclusion Hits Stock

On June 11, 2025, Applovin (APP) experienced a significant decline, with its trading volume reaching $13.75 billion, marking a 27.71% decrease from the previous day. This placed Applovin at the 51st position in terms of trading volume for the day. The stock price of Applovin dropped by 0.05%.

Applovin's share price took a hit due to its exclusion from the S&P 500 Index. This decision dampened investor sentiment, leading to a notable decrease in the company's stock value. Despite this setback, analysts at Morgan Stanley remain optimistic about Applovin's future prospects, increasing their price target for the stock on the same day.

The exclusion from the S&P 500 Index is a significant blow to Applovin, as inclusion in such a prestigious index often brings substantial benefits, including increased visibility and liquidity. However, the eventual inclusion of Applovin in the S&P 500 is still considered likely by many analysts, who believe that the company's strong fundamentals and growth potential will eventually earn it a spot in the index.