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AppLovin stock jumps 6% ahead of Q3 earnings despite 64% YTD drop, leading ad-tech rebound.

Market News
03 Nov 2026, 19:56 WIB
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Bullish
AppLovin stock jumps 6% ahead of Q3 earnings despite 64% YTD drop, leading ad-tech rebound.

AppLovin shares rose 6% before its Q3 earnings report, rebounding from a 64% drop this year and leading a recovery in beaten-down ad-tech stocks. The company expects strong revenue growth of 46%-48% year-over-year and improved AI ad model performance. Investors await confirmation that these gains will translate into revenue at or above guidance, amid competition and market concerns. Peers Unity and The Trade Desk also saw gains, but AppLovin's unique AI-driven ad platform sets it apart.

AppLovin shares are up 7.00% at USD 244.88 on Pluang as of Nov 04, 2026 01:12 WIB, reflecting strong investor interest ahead of earnings. Unity Software also gained 4.32%, trading at USD 40.55, while The Trade Desk edged higher by 0.80% to USD 12.65. These moves show a rebound in ad-tech stocks on Pluang, with AppLovin seeing 100% buy order activity at this time.

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