technicaldebt23

Long $APP - @MoPub is being acquired by AppLovin

Long
NASDAQ:APP   Applovin Corporation
more details in Twitter of MoPub

Thesis: Applovin APP wants to wrap its arms around all non-O&O mobile advertising supply, pushing publishers to monetize through MAX & providing an important data advantage that benefits its 1P content. The acquisition of MoPub, the largest mobile SSP, supports that.

reason for buy:
  • GAP UP with LARGE volume
  • near ATH breakout
  • GOOD growth
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.