Foroughi Arash Adam Sells Shares of AppLovin Corporation $APP
Key Points
- Foroughi Arash Adam sold 41,667 shares of AppLovin Corporation ($APP) worth $20.38 million.
- $APP last traded around $522.20.
Foroughi Arash Adam, CEO at AppLovin Corporation ($APP), sold 41,667 shares at an average price of $489.03, for a total transaction of $20.38 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
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About AppLovin Corporation
AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, and indie studio developers. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
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