Gaming and mobile app advertising company AppLovin (NASDAQ:APP) has been a rocket ride for investors, as its stock surged 425% over the past year.
On Monday, AppLovin joined the S&P 500 alongside Robinhood Markets (NASDAQ:HOOD) and EMCOR Group (NYSE:EME), validating its scale and inviting billions of dollars in passive fund inflows, potentially juicing the stock further.
Yet after such a blistering run higher, is the party over or is there still room to buy in before another liftoff?
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