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But we saved everything 🙂.
Jonah Lupton, investor and market commentator at Social Media / FinTwit, observes that AppLovin shares are under pressure following a Bank of America note. The note highlights that there has not been a significant increase in pixel installs since the general availability launch two weeks ago.
Lupton points out that it is still very early for meaningful adoption, especially given that the product launch occurred during the middle of summertime, which may not be optimal timing for new releases.
Lupton has recently commented on challenges facing other stocks as well. He highlighted concerns among IREN shareholders regarding recent performance and management in a prior note on IREN stock. In addition, he reported on Samsung's strong revenue and earnings growth despite a drop in share price and low valuation.