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APP DOWN: Bank of America downgrade hits | Ezbrisk

By: Ezbrisk

Published:

Anomaly score: -2.0773189406301005

Confidence: 0.75

Market summary

Bank of America downgrade hits

Ezbrisk assessment

APP is dropping sharply on a fresh analyst downgrade citing revenue growth risks, with the stock already down over half this year and now underperforming the tech-heavy QQQ which is slightly positive.

Sources: https://www.tikr.com/blog/applovin-stock-falls-bank-of-america-downgrade-revenue-growth-risks

Verdict ID: ae4765d3-1977-4598-8102-60292cba5ba1