APP is trading at $414.13 (-4.35%) in pre-market, aligning with a broad market selloff driven by escalating Middle East tensions.
- Geopolitical risks surged as Iran closed the Strait of Hormuz, trapping vessels and driving Brent crude prices to approximately $82.
- Major indices are under significant pressure, with S&P 500 futures down 1.36-1.57% and Nasdaq futures sliding 1.73-2%.
- No company-specific news, earnings, or announcements were found for AppLovin to account for the move.