APP Stock Sinks 22% Over 3 Months: Is This a Buy-the-Dip Moment?

AppLovin Corporation (APP) has witnessed its stock fall 22% over the past three months, slightly worse than the industry’s overall 18% decline. Notably, competitors in the in-game mobile advertising space have also struggled. Alphabet Inc. (GOOGL) shares have dropped 18%, while Meta Platforms (META) has seen a 19% decrease during the same period.Encouragingly, APP has rebounded 8% in the last month, hinting at a possible recovery. Given that industry giants like Alphabet and Meta Platforms are navigating si ...