Applovin Surges to 20th in Trading Volume Ranking with $27.62 Billion Day

On May 21, 2025, Applovin (APP) experienced a significant trading volume of $27.62 billion, marking a 36.39% increase from the previous day. This surge placed Applovin at the 20th position in terms of trading volume for the day. However, the stock has since declined by 1.30%, marking its second consecutive day of losses, with a total decrease of 3.31% over the past two days.

Applovin's stock price surged after the company reported its first-quarter earnings, which exceeded Wall Street's expectations. The digital advertising firm announced earnings of $1.67 per share, driving a 13.3% increase in its stock price. This positive earnings report has been a key factor in the recent volatility of Applovin's stock, as investors reacted to the company's strong financial performance.