AppLovin Corporation (APP): A Bull Case Theory

We came across a bullish thesis on AppLovin Corporation on Elliot’s Musings’ Substack by Elliot. In this article, we will summarize the bull’s thesis on APP. AppLovin Corporation's share was trading at $324.70 as of June 20^th. APP’s trailing and forward P/E were 58.72 and 54.35 respectively according to Yahoo Finance.

[caption id="attachment_1207385" align="aligncenter" width="768"] A marketing manager looking at the data dashboard of a marketing automation software showing successful campaign results.[/caption]

AppLovin (APP) has staged a historic rally since bottoming at...