The Morning Trade: APP Plummets on Revenue Miss
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Shares of Applovin (APP) dropped sharply after the company missed revenue estimates, something executives claimed was a result of bad timing. Marley Kayden recaps the conference call and dives into the earnings figures that stood out to investors, while examining the analyst reaction to APP's drop including a downgrade from Wells Fargo. Later, Joe Tigay discusses an example trade for APP. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com
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