Why Is AppLovin (APP) Stock Moving Higher? Social Media Platform in the Works

AppLovin shares climbed after the company revealed plans to launch its own social media platform following its failed TikTok bid. source: https://tokenist.com/why-is-applovin-app-stock-moving-higher-social-media-platform-in-the-works/?utm_source=rss&utm_medium=rss&utm_campaign=why-is-applovin-app-stock-moving-higher-social-media-platform-in-the-works