AppLovin Stock Surges 289% in 6 Months: How Should Investors Play It?

AppLovin Corporation (APP) stock has shown an outstanding upsurge over the past six months. The stock has skyrocketed 289%, outperforming the 40.5% rally of the industry and the 12.8% rise of the Zacks S&P 500 composite.Six Months' Price Performance Image Source: Zacks Investment Research APP’s performance is significantly stronger than that of its competitors, Cadence Design Systems, Inc. (CDNS) and Workday, Inc. (WDAY) . CDNS and WDAY have risen 6.2% and 21.2%, respectively, over the same period.As of the ...