AppLovin stock falls 3% as Wells Fargo questions e-commerce traction after 58% YTD slide
AI Summary- AppLovin stock fell 3% to $281.31 after Wells Fargo challenged recent merchant Pixel-install growth.
- Wells Fargo maintained Equal Weight and a $325 price target on AppLovin.
- AppLovin stock is down 58% year-to-date, while The Trade Desk rose 0.2%.