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App publisher Applovin (APP) is seeing its stock skyrocket by nearly 50% after raising its fourth quarter guidance and seeing sales increase 39% annually in its third quarter.
Match Group (MTCH) — whose brand portfolio of dating apps include Tinder, Hinge, and Match.com — shares slump after lowering its fourth quarter guidance, noting paying customers for app services fell 3% in its latest quarter.
Online payment processor Adyen (ADYYF) reported slowing transaction volume growth while seeing sales grow 21% in its third quarter.
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This post was written by Luke Carberry Mogan.