Applovin Extends 13.2% Rally After Short-Seller Retraction, Eyes 67% EPS Growth
Applovin shares climbed 1.9% after CapitalWatch retracted claims against shareholder Hao Tang, extending the prior session’s 13.2% gain. The stock has rallied after eight consecutive earnings reports (average +18.5%) ahead of Q4 results due Feb. 11, with analysts projecting 67% EPS growth to $2.89 and options pricing a 21.9% swing.
1. Short-Seller Retraction Spurs Rally
On February 9 CapitalWatch publicly retracted allegations against Hao Tang that led to a 13.2% share jump, and Applovin extended gains by 1.9% as investors regained confidence in management integrity.
2. Historical Post-Earnings Performance
Over the last eight earnings cycles Applovin has posted an average share increase of 18.5% the session following results, demonstrating a strong pattern of positive market reactions to quarterly reports.
3. Upcoming Q4 Outlook and Analyst Estimates
Fourth-quarter earnings are due on Feb. 11, with consensus forecasts projecting $2.89 EPS, up 67% year-over-year, while options are pricing in a 21.9% implied move, reflecting heightened volatility expectations.