What Is AppLovin and Why Shares Fell?

On this episode of Stock Movers:
- Lululemon (LULU) shares gain after BNP Paribas Exane analyst Laurent Vasilescu raised his team’s recommendation on the athletic clothing company to neutral from underperform.
- USA Rare Earth (USAR) is up. Rare earth and critical minerals stocks rose as William Blair analyst Neal Dingmann initiates the companies at outperform as he sees the government potentially taking a stake in them.
- AppLovin (APP) shares fell after the New York Post reported that state regulators have reached out to multiple short sellers in a possible preliminary probe on the mobile advertising company.

See omnystudio.com/listener for privacy information.