AppLovin: S&P 500 Snub Is Only Temporary

  • AppLovin's S&P 500 snub is temporary; fundamentals remain strong with robust profitability and rapid revenue growth, especially in AI-driven advertising. The company fits all the criteria for an S&P 500 entry, with a market cap 6x the $20.5 billion requirement. Q2 headline numbers may look weak due to the Apps business sale, risking short-term volatility even as the core ad business grows strongly.