AppLovin
AppLovin’s AI Armor Cracks: 18% Plunge Follows Earnings as Market Reassesses the "Software Moat"
PALO ALTO, CA — In a startling reversal of fortune for one of the tech sector's most resilient performers, shares of AppLovin Corp (NASDAQ: APP) plummeted 18.3% on February 13, 2026. The sell-off came despite the company reporting quarterly earnings and revenue that significantly surpassed Wall Street’s