Applovin Stock Rises 3.1% After Key Trading Signal - AppLovin (NASDAQ:APP)

Insider Selling: AppLovin (NASDAQ:APP) CEO Sells 26,200 Shares of Stock

AppLovin Corporation (NASDAQ:APP - Get Free Report) CEO Arash Adam Foroughi sold 26,200 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $440.23, for a total value of $11,534,026.00. Following the sale, the chief executive officer owned 2,590,054 shares in the company, valued at approximately $1,140,219,472.42. This trade represents a 1.00% decrease in their position. The sale was disclosed…

Applovin Stock Rises 3.1% After Key Trading Signal - AppLovin (NASDAQ:APP)

Applovin stock flashed a key trading signal - a power inflow alert - at a price of $433.53, after which APP rose up to 3.1%.