Stock market anomaly | AI application software stocks rise Applovin (APP.US) up more than 6%
Wisdom Financial APP learned that on Thursday, AI application software stocks in the US rose, with Palantir (PLTR.US) up over 5%, Reddit (RDDT.US) up over 4%, and Applovin (APP.US) up over 6% as of the time of publication. On the news front, Benchmark raised its target price for Applovin to $775 in its latest report, showing that the market remains optimistic about the company's prospects. Jefferies analyst also raised the target price for AppLovin from $800 to $860 on December 11, while maintaining a "buy" rating.
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