Why AppLovin Stock Was Climbing Today

Shares of AppLovin (APP 7.62%), the volatile adtech stock, gained today after the company upgraded its share buyback program in a filing after hours on Friday.As of 11:06 a.m. ET, the stock was up 4.8% on the news. AppLovin increases share buybacksAppLovin, whose shares have fallen roughly 35% since their post-earnings pop a few weeks ago, said that it would amend its share buyback program, which currently has $1.77 billion available for repurchase.Previously, the amount AppLovin could repurchase in a quart ...