El interés en corto de AppLovin da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de AppLovin. Los datos de interés en corto se actualizan cada dos semanas.

AppLovin (NASDAQ:APP) Bolsa, Informe de interés en corto

AppLovin

AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.

American Apparel Inc

Applovin Corporation - Class A Common Stock

AppLovin Corp

APPLIED BIOSCIENCES CORP by Applied Biosciences Corp.

Applied Biosciences Corp

APAC RESOURCES ORD NEW by Apac Resources Ltd

APAC Resources Ltd

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Appen Ltd

AppFolio Inc

AppHarvest Inc Ordinary Shares

Appier Group Inc

ALPHAPOLIS CO LTD by ALPHAPOLIS CO LTD

APPAREL MFG ASSOCS INC by Apparel Manufacturing Associates, Inc.

Apparel Manufacturing Associates Inc

Appian Corporation - Class A Common Stock

Appian Corp

APPIRITS INC by Appirits Inc.

Digital Turbine Inc

Automotive Properties Real Estate Investment Trust

AppHarvest Inc Warrants (30/06/2027)

Monster Arts Inc

High-rolling investors have positioned themselves bearish on AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in APP often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for AppLovin. This is not a typical pattern.
The sentiment among these major traders is split, with 0% bullish and 87% bearish. Among all the options we identified, there was one put, amounting to $76,380, and 7 calls, totaling $401,090.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $220.0 to $335.0 for AppLovin over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in AppLovin's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to AppLovin's substantial trades, within a strike price spectrum from $220.0 to $335.0 over the preceding 30 days.
<h3>AppLovin Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734705945_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$62.7</td>
<td>$60.0</td>
<td>$60.0</td>
<td>$260.00</td>
<td>$120.0K</td>
<td>56</td>
<td align="right">0</td>
</tr>
<tr>
<td>APP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.1</td>
<td>$19.1</td>
<td>$20.1</td>
<td>$310.00</td>
<td>$76.3K</td>
<td>1.2K</td>
<td align="right">39</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$127.9</td>
<td>$126.0</td>
<td>$126.0</td>
<td>$320.00</td>
<td>$75.6K</td>
<td>7</td>
<td align="right">10</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$127.9</td>
<td>$126.0</td>
<td>$126.0</td>
<td>$320.00</td>
<td>$50.4K</td>
<td>7</td>
<td align="right">4</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$98.0</td>
<td>$95.0</td>
<td>$95.0</td>
<td>$220.00</td>
<td>$47.5K</td>
<td>60</td>
<td align="right">0</td>
</tr>
</tbody>
</table>

<h3>About AppLovin</h3>
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
Having examined the options trading patterns of AppLovin, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of AppLovin</h3>
<ul>
<li>Currently trading with a volume of 537,876, the APP's price is down by -1.05%, now at $315.38. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 54 days.</li>
</ul>
<h3>What Analysts Are Saying About AppLovin</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $433.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Macquarie has decided to maintain their Outperform rating on AppLovin, which currently sits at a price target of $450. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on AppLovin with a target price of $375. 
&#x2A; An analyst from Jefferies persists with their Buy rating on AppLovin, maintaining a target price of $400. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for AppLovin, targeting a price of $460. 
&#x2A; An analyst from Oppenheimer downgraded its action to Outperform with a price target of $480. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for AppLovin, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Spotlight on AppLovin: Analyzing the Surge in Options Activity

Deep-pocketed investors have adopted a bearish approach towards AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in APP usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for AppLovin. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 25% leaning bullish and 62% bearish. Among these notable options, 2 are puts, totaling $77,820, and 6 are calls, amounting to $228,919.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $250.0 to $380.0 for AppLovin over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of AppLovin stands at 1027.0, with a total volume reaching 464.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in AppLovin, situated within the strike price corridor from $250.0 to $380.0, throughout the last 30 days.
<h3>AppLovin Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734619589_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$8.5</td>
<td>$8.5</td>
<td>$8.5</td>
<td>$380.00</td>
<td>$77.3K</td>
<td>2.9K</td>
<td align="right">110</td>
</tr>
<tr>
<td>APP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$63.3</td>
<td>$62.9</td>
<td>$62.9</td>
<td>$380.00</td>
<td>$50.3K</td>
<td>606</td>
<td align="right">8</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.0</td>
<td>$22.8</td>
<td>$24.4</td>
<td>$330.00</td>
<td>$36.6K</td>
<td>1.4K</td>
<td align="right">40</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/03/25</td>
<td>$33.9</td>
<td>$30.3</td>
<td>$31.65</td>
<td>$300.00</td>
<td>$31.6K</td>
<td>21</td>
<td align="right">10</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$29.3</td>
<td>$27.5</td>
<td>$27.5</td>
<td>$320.00</td>
<td>$30.2K</td>
<td>314</td>
<td align="right">43</td>
</tr>
</tbody>
</table>

<h3>About AppLovin</h3>
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
<h3>AppLovin's Current Market Status</h3>
<ul>
<li>With a trading volume of 191,410, the price of APP is up by 1.82%, reaching $318.76.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 55 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for AppLovin</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $447.0.
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&#x2A; Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for AppLovin, targeting a price of $480. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for AppLovin, targeting a price of $375. 
&#x2A; An analyst from Oppenheimer downgraded its action to Outperform with a price target of $480. 
&#x2A; An analyst from Loop Capital persists with their Buy rating on AppLovin, maintaining a target price of $450. 
&#x2A; An analyst from Macquarie persists with their Outperform rating on AppLovin, maintaining a target price of $450. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest AppLovin options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

AppLovin Unusual Options Activity For December 19

WIIM

ADBE

ADSK

AGYS

APPN

ASAN

BILL

BTCS

BTDR

BTOG

CDNS

CLSK

CRWD

CWAN

CYBR

DDOG

DOCU

DSGX

ESTC

ETWO

EVCM

EXFY

FICO

FRSH

FTNT

GREE

GRYP

HTCR

HUBS

INTU

KVYO

LMFA

LSPD

MANH

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

MIGI

MSFT

NCTY

NICE

NTNX

PANW

PATH

PCOR

PRCH

RAMP

RBRK

SDIG

SNPS

TEAM

TRAK

TZUP

UPLD

Shares of stocks in the broader software sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

AppLovin shares are trading higher after Loop Capital maintained a Buy rating on the stock and raised its price target from $385 to $450.

Loop Capital analyst Rob Sanderson maintains AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) with a Buy and raises the price target from $385 to $450.

News

Price Target

Analyst Ratings

Loop Capital Maintains Buy on AppLovin, Raises Price Target to $450

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) stock dipped 22.19% after the company reported third-quarter results and analysts <a href="https://www.benzinga.com//node/42421831" target="_blank" rel="noreferrer noopener">revised the price forecast</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares dived 19.19%.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) shares fell 17.78%. A director <a href="https://www.benzinga.com/quote/cava/analyst-ratings" target="_blank" rel="noreferrer noopener">recently disclosed share sales</a>.</li>
<li>Super Micro Computer, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock plummeted 17.03% despite CEO Charles Liang&#8217;s reassurances that the company&#8217;s stock <a href="https://www.benzinga.com//node/42432508" target="_blank" rel="noreferrer noopener">would not be delisted from Nasdaq</a>.</li>
<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) shares decreased 16.16%.</li>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) declined 15.78% after the company reported fourth-quarter financial results and issued worse-than-expected FY25 guidance. Several <a href="https://www.benzinga.com//node/42465629" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a> on the stock.</li>
<li>Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) stock fell 13.57% after the company reported <a href="https://www.benzinga.com//node/42415051" target="_blank" rel="noreferrer noopener">worse-than-expected financial results</a>. Several <a href="https://www.benzinga.com/quote/ferg/analyst-ratings" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a>.</li>
<li>Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) fell 13.14% after reporting <a href="https://www.benzinga.com//node/42418066" target="_blank" rel="noreferrer noopener">fourth-quarter results</a>. Several analysts <a href="https://www.benzinga.com/quote/tol/analyst-ratings" target="_blank" rel="noreferrer noopener">revised the price forecast</a> on the stock.</li>
<li>BeiGene, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>) shares were down 12.78%. The company secures global licensing agreement for novel MAT2A Inhibitor SYH2039 <a href="https://www.benzinga.com//node/42475817" target="_blank" rel="noreferrer noopener">to target MTAP-Deleted solid tumors</a>.</li>
<li>Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>) shares declined 12.67%. The company <a href="https://www.benzinga.com//node/42392555" target="_blank" rel="noreferrer noopener">agreed to acquire</a> Interpublic Group of Companies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>) for $13 billion.</li>
<li>Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) stock fell 12.15% last week after UBS <a href="https://www.benzinga.com//node/42487192" target="_blank" rel="noreferrer noopener">downgraded the stock</a> from Buy to Neutral and lowered its price forecast from $171 to $156.</li>
</ol>
Image via Shutterstock

Large Cap

Movers

Trading Ideas

BGNE

CAVA

FERG

FTAI

SMCI

Super Micro Computer, Adobe And Nucor Are Among Top Large Cap Losers Last Week (December 9-13): Are The Others In Your Portfolio?

Ritholtz Wealth Management&#8217;s Josh Brown created a new index that tracks the most popular stocks in some of the <a href="https://www.benzinga.com/insights/options/24/12/42465585/spotlight-on-soundhound-ai-analyzing-the-surge-in-options-activity">hottest themes of the market</a>.
What To Know: Last Tuesday on "<a href="https://podcasts.apple.com/us/podcast/the-compound-and-friends/id1456467014?i=1000679133042" target="_blank" rel="noreferrer noopener">The Compound &amp; Friends</a>" podcast, Brown set the stage for unveiling the &#8220;Degen Dow.&#8221;
&#8220;I think that if we were to make a list of the biggest themes of 2024, one of those themes would have been degeneracy,&#8221; Brown said. 
It&#8217;s tough to say precisely how the word &#8220;degen&#8221; came to be, but some believe it originates from the term &#8220;degenerate gambler&#8221; in sports betting and gambling culture, <a href="https://www.wsj.com/finance/stocks/degen-stock-crypto-trading-market-trend-69d12a56">according</a> to The Wall Street Journal.
It&#8217;s also used by crypto traders and meme-stock traders who often make risky short-term bets based on momentum and steer clear of traditional ways of assessing investments. 
Brown put together a list of the top stocks used as trading vehicles by &#8220;degen&#8221; traders using platforms such as Robinhood, Stocktwits and Reddit&#8217;s <a href="https://www.benzinga.com/topic/wallstreetbets">WallStreetBets</a>. The list includes high beta Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)-related names, gaming and gambling companies, AI names, space theme plays, Cathie Wood favorites and president-elect Donald Trump-related stocks.
&#8220;All the major degen food groups are represented,&#8221; Brown said. 
Here&#8217;s a look at all of the stocks that made it into the &#8220;Degen Dow.&#8221;
<ul>
<li>Archer Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>)</li>
</ul>
<ul>
<li>AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)</li>
</ul>
<ul>
<li>Applovin Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>)</li>
</ul>
<ul>
<li>Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</li>
</ul>
<ul>
<li>Carvana Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>)</li>
</ul>
<ul>
<li>Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)</li>
</ul>
<ul>
<li>DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>)</li>
</ul>
<ul>
<li>Flutter Entertainment Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>)</li>
</ul>
<ul>
<li>Geo Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>)</li>
</ul>
<ul>
<li>GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)</li>
</ul>
<ul>
<li>Hims &amp; Hers Health, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>)</li>
</ul>
<ul>
<li>Robinhood Markets, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</li>
</ul>
<ul>
<li>Lucid Group, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)</li>
</ul>
<ul>
<li>MARA Holdings, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>)</li>
</ul>
<ul>
<li>MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</li>
</ul>
<ul>
<li>NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</li>
</ul>
<ul>
<li>PagerDuty, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>)</li>
</ul>
<ul>
<li>Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</li>
</ul>
<ul>
<li>Roblox Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>)</li>
</ul>
<ul>
<li>Reddit, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>)</li>
</ul>
<ul>
<li>Riot Platforms, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>)</li>
</ul>
<ul>
<li>Rivian Automotive, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>)</li>
</ul>
<ul>
<li>Rocket Lab USA, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>)</li>
</ul>
<ul>
<li>Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>)</li>
</ul>
<ul>
<li>Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</li>
</ul>
<ul>
<li>SoFi Technologies, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</li>
</ul>
<ul>
<li>SoundHound AI, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>)</li>
</ul>
<ul>
<li>Tesla, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</li>
</ul>
<ul>
<li>Unity Software Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>)</li>
</ul>
<ul>
<li>Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</li>
</ul>
Why It Matters: Brown equal-weighted the basket of stocks in the index to track performance. The index actually declined more than 80% from the highs in late 2021, but it has formed a base and appears to be breaking out to the upside with gains of nearly 50% since the start of the year. 
&#8220;Look how it&#8217;s like turning up &#8230; this thing is ripping into year-end,&#8221; Brown said, to which his co-host Michael Batnick replied, &#8220;I want to get long.&#8221;
Brown noted Nvidia and Reddit are the only two names on the list he currently owns.
Read Next:
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<li><a href="https://www.benzinga.com/general/gaming/24/12/42425015/gamestop-q3-earnings-revenue-miss-4b-cash-no-more-offerings-planned-in-fiscal-year">GameStop Q3 Earnings: Revenue Miss, $4B+ Cash, No More Offerings Planned In Fiscal Year</a></li>
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Photo: Shutterstock

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Josh Brown Unveils The 'Degen Dow,' A Basket Of 30 Retail Darlings Spanning All 'Major Degen Food Groups'

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$140.00</td>
<td>$38.6K</td>
<td>112.3K</td>
<td>35.5K</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$20.00</td>
<td>$29.8K</td>
<td>27.1K</td>
<td>29.5K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$190.00</td>
<td>$85.3K</td>
<td>10.4K</td>
<td>7.2K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$450.00</td>
<td>$61.3K</td>
<td>33.9K</td>
<td>5.3K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$129.00</td>
<td>$29.4K</td>
<td>4.0K</td>
<td>5.0K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$400.00</td>
<td>$42.9K</td>
<td>9.0K</td>
<td>4.4K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$260.00</td>
<td>$237.7K</td>
<td>8.1K</td>
<td>4.0K</td>
</tr>
<tr>
<td>IONQ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$31.00</td>
<td>$57.5K</td>
<td>574</td>
<td>1.4K</td>
</tr>
<tr>
<td>RGTI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$13.00</td>
<td>$27.9K</td>
<td>6.0K</td>
<td>1.3K</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$400.00</td>
<td>$1.7 million</td>
<td>1.9K</td>
<td>950</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on December 20, 2024. Parties traded 210 contract(s) at a $140.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $38.6K, with a price of $184.0 per contract. There were 112311 open contracts at this strike prior to today, and today 35549 contract(s) were bought and sold. 
• For RIOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), we notice a call option sweep that happens to be bearish, expiring in 190 day(s) on June 20, 2025. This event was a transfer of 116 contract(s) at a $20.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $259.0 per contract. There were 27100 open contracts at this strike prior to today, and today 29579 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on December 13, 2024. This event was a transfer of 316 contract(s) at a $190.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $85.3K, with a price of $270.0 per contract. There were 10408 open contracts at this strike prior to today, and today 7243 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on December 20, 2024. This event was a transfer of 80 contract(s) at a $450.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $61.3K, with a price of $767.0 per contract. There were 33973 open contracts at this strike prior to today, and today 5331 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option trade with bearish sentiment. It expires in 1 day(s) on December 13, 2024. Parties traded 200 contract(s) at a $129.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $147.0 per contract. There were 4062 open contracts at this strike prior to today, and today 5078 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option trade that happens to be bearish, expiring in 1 day(s) on December 13, 2024. This event was a transfer of 44 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $42.9K, with a price of $975.0 per contract. There were 9072 open contracts at this strike prior to today, and today 4439 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bullish sentiment. It expires in 71 day(s) on February 21, 2025. Parties traded 450 contract(s) at a $260.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $237.7K, with a price of $528.0 per contract. There were 8117 open contracts at this strike prior to today, and today 4066 contract(s) were bought and sold. 
• Regarding IONQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on December 13, 2024. Parties traded 500 contract(s) at a $31.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $57.5K, with a price of $115.0 per contract. There were 574 open contracts at this strike prior to today, and today 1411 contract(s) were bought and sold. 
• Regarding RGTI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>), we observe a call option sweep with bearish sentiment. It expires in 36 day(s) on January 17, 2025. Parties traded 499 contract(s) at a $13.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $56.0 per contract. There were 6081 open contracts at this strike prior to today, and today 1391 contract(s) were bought and sold. 
• Regarding APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we observe a call option trade with bearish sentiment. It expires in 99 day(s) on March 21, 2025. Parties traded 600 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $1.7 million, with a price of $2920.0 per contract. There were 1985 open contracts at this strike prior to today, and today 950 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

AVGO

IONQ

RGTI

10 Information Technology Stocks Whale Activity In Today's Session

Financial giants have made a conspicuous bearish move on AppLovin. Our analysis of options history for AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) revealed 56 unusual trades.
Delving into the details, we found 28% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 23 were puts, with a value of $1,701,500, and 33 were calls, valued at $6,161,591.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $230.0 to $610.0 for AppLovin over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for AppLovin options trades today is 470.8 with a total volume of 8,176.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for AppLovin's big money trades within a strike price range of $230.0 to $610.0 over the last 30 days.
<h3>AppLovin Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734024747_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$30.2</td>
<td>$29.4</td>
<td>$29.2</td>
<td>$400.00</td>
<td>$1.7M</td>
<td>1.9K</td>
<td align="right">950</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$25.8</td>
<td>$24.1</td>
<td>$24.1</td>
<td>$400.00</td>
<td>$964.0K</td>
<td>595</td>
<td align="right">404</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$30.4</td>
<td>$28.6</td>
<td>$30.0</td>
<td>$400.00</td>
<td>$825.0K</td>
<td>1.9K</td>
<td align="right">280</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$24.7</td>
<td>$23.4</td>
<td>$24.7</td>
<td>$400.00</td>
<td>$534.3K</td>
<td>595</td>
<td align="right">622</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$31.9</td>
<td>$30.0</td>
<td>$30.2</td>
<td>$450.00</td>
<td>$288.7K</td>
<td>1.1K</td>
<td align="right">104</td>
</tr>
</tbody>
</table>

<h3>About AppLovin</h3>
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
In light of the recent options history for AppLovin, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>AppLovin's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,991,800, with APP's price down by -0.5%, positioned at $336.52.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 62 days.</li>
</ul>
<h3>What Analysts Are Saying About AppLovin</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $418.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for AppLovin, targeting a price of $480. 
&#x2A; Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on AppLovin with a target price of $435. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on AppLovin, which currently sits at a price target of $360. 
&#x2A; An analyst from Citigroup persists with their Buy rating on AppLovin, maintaining a target price of $335. 
&#x2A; An analyst from Oppenheimer downgraded its action to Outperform with a price target of $480. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest AppLovin options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Smart Money Is Betting Big In APP Options

Herald Chen, President &amp; CFO at AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), executed a substantial insider sell on December 11, according to an SEC filing.
What Happened: Chen's decision to sell 171,951 shares of AppLovin was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001751008/000156218024008311//Archives/edgar/data/1751008/000156218024008311/0001562180-24-008311-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $59,411,675.
In the Wednesday's morning session, AppLovin's shares are currently trading at $318.46, experiencing a down of 0.81%.
<h3>Get to Know AppLovin Better</h3>
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
<h3>Understanding the Numbers: AppLovin's Finances</h3>
Revenue Growth: Over the 3 months period, AppLovin showcased positive performance, achieving a revenue growth rate of 38.64% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Insights into Profitability:
<ul>
<li>
Gross Margin: With a high gross margin of 77.5%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): AppLovin's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 1.29.
</li>
</ul>
Debt Management: AppLovin's debt-to-equity ratio stands notably higher than the industry average, reaching 3.74. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: AppLovin's current Price to Earnings (P/E) ratio of 97.59 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 26.02, AppLovin's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 56.03 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
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<h3>Uncovering the Importance of Insider Activity</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001751008">Check Out The Full List Of AppLovin's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Decision: Herald Chen Offloads $59.41M Worth Of AppLovin Stock

On December 11, a recent SEC filing unveiled that Herald Chen, President &amp; CFO at AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) made an insider sell.
What Happened: Chen opted to sell 400 shares of AppLovin, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001751008/000156218024008312//Archives/edgar/data/1751008/000156218024008312/0001562180-24-008312-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The transaction's total worth stands at $146,464.
In the Wednesday's morning session, AppLovin's shares are currently trading at $318.5, experiencing a down of 0.8%.
<h3>Unveiling the Story Behind AppLovin</h3>
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
<h3>AppLovin: A Financial Overview</h3>
Revenue Growth: AppLovin's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 38.64%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 77.5%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, AppLovin exhibits below-average bottom-line performance with a current EPS of 1.29.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 3.74, AppLovin faces challenges in effectively managing its debt levels, indicating potential financial strain.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: AppLovin's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 97.59.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 26.02 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 56.03 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
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<h3>The Impact of Insider Transactions on Investments</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>The Insider's Guide to Important Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001751008">Check Out The Full List Of AppLovin's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Transaction: Herald Chen Sells $146K Worth Of AppLovin Shares

Oppenheimer analyst Martin Yang reiterates AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) with a Outperform and maintains $480 price target.

Reiteration

Oppenheimer Reiterates Outperform on AppLovin, Maintains $480 Price Target

THE STOCK ROSE 6.5% FRO THE SIGNAL
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="689" height="611" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09210904/Screen-Shot-2024-12-09-at-4.07.08-PM.png" alt="" class="wp-image-3923" style="width:920px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09210904/Screen-Shot-2024-12-09-at-4.07.08-PM.png 689w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/09210904/Screen-Shot-2024-12-09-at-4.07.08-PM-300x266.png 300w" sizes="(max-width: 689px) 100vw, 689px" /></figure>
Applovin corp, (APP) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions.&nbsp;
At 10:36 AM on December 9th, a significant trading signal occurred for Applovin corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) as it demonstrated a Power Inflow at a price of $336.87. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Applovin&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Applovin&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for APP, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like&nbsp; &nbsp; <a href="https://www.tradepulse.net">https://www.tradepulse.net</a>&nbsp; which are responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $336.87. The returns on the High ($358.72)&nbsp;and Close ($342.53)&nbsp;after the Power Inflow were&nbsp;6.5% and 1.2%, respectively. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. 
Past Performance is Not Indicative of Future Results

TradePulse Power Inflow Alert: Applovin (APP) Receives Alert After Dropping Early, Then Rises Over 20 Points

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Monday.
Shares of BioAge Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIOA#NASDAQ">BIOA</a>) fell sharply in today's pre-market trading after the company announced discontinuation of STRIDES Phase 2 clinical trial evaluating Azelaprag in combination with Tirzepatide <a href="https://www.benzinga.com/quote/BIOA/news">for the treatment of obesity.</a>
BioAge Labs shares tumbled 68.6% to $6.30 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Palmer Square Capital BDC Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSBD#NASDAQ">PSBD</a>) shares tumbled 18.3% to $13.00 in pre-market trading.</li>
<li>Bicara Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCAX#NASDAQ">BCAX</a>) fell 14.7% to $18.00 in pre-market trading after gaining 8% on Friday.</li>
<li>ZJK Industrial Co Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZJK#NASDAQ">ZJK</a>) fell 10.9% to $12.55 in pre-market trading.</li>
<li>Heritage Commerce Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTBK#NASDAQ">HTBK</a>) declined 9.7% to $9.50 in pre-market trading.</li>
<li>Bel Fuse Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) declined 7.1% to $78.00 in pre-market trading.</li>
<li>Riot Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) fell 6.7% to $12.08 in pre-market trading. Riot Platforms announced a proposed private offering of $500 million of convertible senior notes.</li>
<li>ZimVie Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZIMV#NASDAQ">ZIMV</a>) fell 6.5% to $13.03 in pre-market trading.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) declined 5.8% to $378.00 in pre-market trading after gaining around 6% on Friday.</li>
</ul>
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</ul>

Pre-Market Outlook

BCAX

BELFB

BIOA

HTBK

PSBD

ZIMV

BioAge Labs, Riot Platforms And Other Big Stocks Moving Lower In Monday's Pre-Market Session

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) shares jumped 51.61% after the company reported second-quarter results, and multiple firms raised their <a href="https://www.benzinga.com//node/42298407" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock escalated 34.59% last week. An internal investigation led by its Special Committee found "no evidence of misconduct or fraud" <a href="https://www.benzinga.com//node/42367077" target="_blank" rel="noreferrer noopener">involving management or the board</a>.</li>
<li>DocuSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) shares rose 34.26% after the company reported third-quarter results and <a href="https://www.benzinga.com//node/42352653" target="_blank" rel="noreferrer noopener">issued better-than-expected guidance</a>. Several analysts raised <a href="https://www.benzinga.com/quote/docu/analyst-ratings" target="_blank" rel="noreferrer noopener">their price forecasts for the stock</a>.</li>
<li>Rubrik, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) stock rocketed 27.17% after reporting <a href="https://www.benzinga.com//node/42353379" target="_blank" rel="noreferrer noopener">better-than-expected third-quarter results</a>. Several analysts <a href="https://www.benzinga.com/quote/rbrk/analyst-ratings" target="_blank" rel="noreferrer noopener">raised the price forecast on the stock</a>.</li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) climbed 24.62% after reporting better-than-expected third-quarter earnings, and <a href="https://www.benzinga.com//node/42367217" target="_blank" rel="noreferrer noopener">analysts boosted the price forecast</a> on the stock.</li>
<li>Pure Storage, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) stock grew 22.51% after the company reported better-than-expected third-quarter financial results and <a href="https://www.benzinga.com//node/42303442" target="_blank" rel="noreferrer noopener">fourth-quarter guidance</a>. Several analysts raised <a href="https://www.benzinga.com/quote/pstg/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) shares surged 22.46%  after the company reported upbeat earnings for the third quarter and<a href="https://www.benzinga.com//node/42321281" target="_blank" rel="noreferrer noopener"> analysts boosted the price forecast</a>.</li>
<li>Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) stock rose 21.86% last week on analyst commentary from Needham, which maintained a "Buy" rating and <a href="https://www.benzinga.com//node/42325582" target="_blank" rel="noreferrer noopener">reiterated the $100 price target</a>.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) stock upped 21.33% last week.</li>
<li>American Airlines Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) shares increased 19.83% after it reported better-than-expected fourth <a href="https://www.benzinga.com//node/42345395" target="_blank" rel="noreferrer noopener">quarter and full-year outlook</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock jumped 19.23% after <a href="https://www.benzinga.com//node/42324175" target="_blank" rel="noreferrer noopener">some analysts</a> boosted <a href="https://www.benzinga.com/quote/app/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast</a>.</li>
</ol>
Photo via Shutterstock

CRDO

LULU

MRVL

PSTG

ROKU

Super Micro Computer, lululemon And Roku Are Among Top 11 Large Cap Gainers Last Week (Dec 2-Dec 6): Are The Others In Your Portfolio?

U.S. stocks were mixed, with the Nasdaq Composite gaining more than 100 points on Friday.
Shares of Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) rose sharply during Friday&#8217;s session after the company reported better-than-expected third-quarter financial results and <a href="https://www.benzinga.com/24/12/42368761/whats-going-on-with-ulta-beauty-stock-friday">raised its FY24 outlook</a>.
Ulta Beauty reported quarterly earnings of $5.14 per share, which beat the analyst consensus estimate of $4.54. Quarterly revenue came in at $2.53 billion, which beat the analyst consensus estimate of $2.5 billion and is an increase over sales of $2.49 billion from the same period last year.
Also, Telsey Advisory Group maintained an Outperform rating on the stock and raised its price target from $450 to $500.
Ulta Beauty shares jumped 10.4% to $433.76 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>ZJK Industrial Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZJK#NASDAQ">ZJK</a>) shares jumped 52.5% to $15.39.</li>
<li>Asana, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) jumped 41.6% to $21.89 after the company reported better-than-expected third-quarter financial results and issued FY25 guidance above estimates. Also, Piper Sandler and Baird raised their respective price targets on the stock.</li>
<li>Rubrik, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) gained 33.3% to $71.54 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter revenue guidance above estimates. Also, Keybanc maintained an Overweight rating on the stock and raised its price target from $57 to $75.</li>
<li>Nano-X Imaging Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNOX#NASDAQ">NNOX</a>) surged 29.5% to $8.08. Cantor Fitzgerald analyst Ross Osborn maintained Nano X Imaging with an Overweight and raised the price target from $11 to $12.</li>
<li>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) gained 28.6% to $4.8465.</li>
<li>Rigetti Computing, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) surged 25.9% to $4.0050.</li>
<li>DocuSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) gained 25.2% to $104.79 after the company reported better-than-expected third-quarter financial results and issued FY25 revenue guidance above estimates.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) climbed 21.5% to $11.58.</li>
<li>Canaan Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NASDAQ">CAN</a>) gained 20.8% to $2.72 after Rosenblatt maintained a Buy rating on the stock and raised its price target from $3 to $4.</li>
<li>Recursion Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) gained 19.8% to $7.90.</li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) rose 18.2% to $407.50 following upbeat quarterly earnings.</li>
<li>Hut 8 Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) gained 15% to $31.77 after the company provided operational updates for November 2024. The company produced 94 BTC for a total of 9,122 on its balance sheet.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) surged 14.7% to $7.94.</li>
<li>Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) rose 10.8% to $24.00 after the company reported better-than-expected quarterly financial results.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) gained 10.8% to $24.96.</li>
<li>Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) gained 10.3% to $255.60 after the company reported a year-over-year increase in third-quarter financial results. Also, Piper Sandler and Needham raised their respective price targets on the stock.</li>
<li>Victoria&#8217;s Secret &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) jumped 9% to $46.91 following third-quarter results.</li>
<li>Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) gained 8.7% to $53.62.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) gained 7.7% to $408.34 after Macquarie maintained an Outperform rating on the stock and raised its price target from $270 to $450.</li>
</ul>
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</ul>

Earnings

Equities

Eurozone

Commodities

ASTS

NNOX

QBTS

RXRX

SERV

ULTA

VEEV

VSCO

Ulta Beauty Posts Upbeat Results, Joins Asana, Lululemon, Hewlett Packard Enterprise And Other Big Stocks Moving Higher On Friday

Applovin shares are trading higher after Macquarie maintained an Outperform rating on the stock and raised its price target from $270 to $450.

Macquarie analyst Tim Nollen maintains AppLovin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) with a Outperform and raises the price target from $270 to $450.

Macquarie Maintains Outperform on AppLovin, Raises Price Target to $450

Applovin shares are trading higher after Stifel maintained a Buy rating on the stock and raised its price target from $250 to $435.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$146.00</td>
<td>$25.4K</td>
<td>30.2K</td>
<td>110.0K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$440.00</td>
<td>$96.8K</td>
<td>8.8K</td>
<td>25.8K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$270.00</td>
<td>$30.6K</td>
<td>33.8K</td>
<td>12.4K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$400.00</td>
<td>$28.0K</td>
<td>5.5K</td>
<td>9.8K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/13/24</td>
<td>$26.00</td>
<td>$32.1K</td>
<td>5.5K</td>
<td>4.6K</td>
</tr>
<tr>
<td>RGTI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.50</td>
<td>$26.0K</td>
<td>13.9K</td>
<td>4.0K</td>
</tr>
<tr>
<td>BTDR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$20.00</td>
<td>$43.0K</td>
<td>9.5K</td>
<td>3.7K</td>
</tr>
<tr>
<td>SOUN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$13.00</td>
<td>$31.0K</td>
<td>426</td>
<td>3.5K</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$400.00</td>
<td>$796.1K</td>
<td>2.1K</td>
<td>2.4K</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$180.00</td>
<td>$53.5K</td>
<td>4.6K</td>
<td>1.8K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on December 6, 2024. This event was a transfer of 200 contract(s) at a $146.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $127.0 per contract. There were 30209 open contracts at this strike prior to today, and today 110052 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on December 6, 2024. This event was a transfer of 220 contract(s) at a $440.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $96.8K, with a price of $440.0 per contract. There were 8823 open contracts at this strike prior to today, and today 25831 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bullish sentiment. It expires in 43 day(s) on January 17, 2025. Parties traded 990 contract(s) at a $270.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $30.6K, with a price of $31.0 per contract. There were 33812 open contracts at this strike prior to today, and today 12443 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 1 day(s) on December 6, 2024. Parties traded 20 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $1400.0 per contract. There were 5507 open contracts at this strike prior to today, and today 9826 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option trade that happens to be bullish, expiring in 8 day(s) on December 13, 2024. This event was a transfer of 150 contract(s) at a $26.00 strike. The total cost received by the writing party (or parties) was $32.1K, with a price of $214.0 per contract. There were 5512 open contracts at this strike prior to today, and today 4638 contract(s) were bought and sold. 
• Regarding RGTI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>), we observe a call option sweep with bearish sentiment. It expires in 43 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $3.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $52.0 per contract. There were 13971 open contracts at this strike prior to today, and today 4031 contract(s) were bought and sold. 
• Regarding BTDR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>), we observe a call option trade with bearish sentiment. It expires in 106 day(s) on March 21, 2025. Parties traded 100 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $430.0 per contract. There were 9516 open contracts at this strike prior to today, and today 3705 contract(s) were bought and sold. 
• Regarding SOUN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on December 13, 2024. Parties traded 179 contract(s) at a $13.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $173.0 per contract. There were 426 open contracts at this strike prior to today, and today 3509 contract(s) were bought and sold. 
• For APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we notice a call option sweep that happens to be bullish, expiring in 43 day(s) on January 17, 2025. This event was a transfer of 214 contract(s) at a $400.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $796.1K, with a price of $3720.0 per contract. There were 2147 open contracts at this strike prior to today, and today 2411 contract(s) were bought and sold. 
• For AMAT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), we notice a call option sweep that happens to be bullish, expiring in 78 day(s) on February 21, 2025. This event was a transfer of 50 contract(s) at a $180.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $53.5K, with a price of $1070.0 per contract. There were 4686 open contracts at this strike prior to today, and today 1862 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMAT

10 Information Technology Stocks With Whale Alerts In Today's Session

How Steven Cress' Top 10 2024 Picks Have Fared

High-risk, high-reward tech stocks are gaining momentum as fundamentals of beta and aligning investment strategies with market conditions unlock significant value. Thus, quality high-beta stocks Palantir Technologies (PLTR), Shopify (SHOP), and AppLovin Corp (APP) could be sound watchlist additions for high-risk tolerant investors. Read more… As the economy responds to the rate cut, high-beta tech stocks may provide superior returns for those willing to endure short-term turbulence. Companies in the tech sector and software applications are particularly poised to benefit. These stocks offer the potential for outsized returns as they react more dramatically to market shifts.
Therefore, for risk-tolerant investors, now might be an opportune time to consider looking into fundamentally sound high-beta tech stocks, Palantir Technologies Inc. (<a href="https://stocknews.com/stock/PLTR/">PLTR</a>), Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>), and AppLovin Corporation (<a href="https://stocknews.com/stock/APP/">APP</a>) for outsized returns.
The recent rate cut by the Federal Reserve has <a href="https://www.forbes.com/councils/forbestechcouncil/2024/10/23/how-the-feds-interest-rate-cuts-will-impact-the-tech-sector/">bolstered the tech sector</a>, which relies heavily on cheap capital for R&amp;D and innovation. The companies investing in adverse technologies now have greater financial flexibility and are paving the way for new growth opportunities.
In the third quarter of 2024, the real Gross Domestic Product (GDP) <a href="https://www.bea.gov/data/gdp/gross-domestic-product">increased at an annual rate of 2.8%</a>. This increase is largely reflected due to increases in consumer spending, federal government spending, and business investment.
Tech stocks with high beta values represent opportunities for daring investors willing to navigate market volatility for potentially exuberant returns. <a href="https://www.investopedia.com/investing/beta-know-risk/">Beta</a>, a measure of a stock's volatility compared to the broader market, often correlates with higher returns during periods of market growth.
Moreover, the correlation between <a href="https://www.investorsfriend.com/risk-and-reward/">risk and reward in high-beta stocks requires investors to remain vigilant</a>. While these stocks can outperform in bull markets, they are equally susceptible to steep declines during market downturns.
With that in mind, let's dive into the fundamental aspects of the above-mentioned stocks in detail:
Palantir Technologies Inc. (<a href="https://stocknews.com/stock/PLTR/">PLTR</a>)
PLTR builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations internationally. The company has four principal software platforms, including Palantir Gotham, Palantir Foundry, Palantir Apollo, and Palantir Artificial Intelligence Platform.
On December 3, PLTR announced that FedRAMP High Authorization has been granted for Palantir Federal Cloud Service and Palantir Federal Cloud Service-Supporting Services. This authorization is a government-wide program that promotes the adoption of secure cloud services across the federal government by providing a standardized approach. The authorization enables PLTR to uphold the highest security standards in the industry.
In terms of the trailing-12-month net income margin, PLTR's 18.01% is 389.9% higher than the 3.68% industry average. Similarly, its 29.6% trailing-12-month levered FCF margin is 160.6% higher than the industry average of 11.37%. Also, its trailing-12-month ROCE of 12.40% compares to the industry average of 4.29%.
For the fiscal third quarter that ended September 30, 2024, PLTR achieved a 30% year-over-year increase in revenue, totaling $725.52 million. Its adjusted income from operations amounted to $275.52 million, reflecting an increase of 68.7% from the prior year's quarter. The company's adjusted EBITDA increased 64.9% year-over-year to $283.60 million, with an adjusted operating margin of 39% (up 800 bps year-over-year).
In addition, the PLTR's adjusted net income stood at $241.56 million, indicating a 55.8% growth from the prior-year quarter period, while its earnings per share came in at $0.10, up 42.9% year-over-year. Also, the adjusted <a href="https://www.investopedia.com/terms/f/freecashflow.asp">free cash flow</a> rose 208.5% from the prior year's period to $434.54 million.
The consensus revenue estimate of $776.20 million for the fiscal fourth quarter (ending December 2024) represents a 27.6% increase year-over-year. The consensus EPS estimate of $0.11 for the current quarter indicates a 38.1% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
PLTR shares have surged 250.1% over the past year and 313.3% year-to-date to close the last trading session at $70.96. Its 24-month beta is 2.80.
PLTR's stance is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an A grade for Quality and B for Growth. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
Among the 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry, it is ranked #15. <a href="https://stocknews.com/stock/PLTR/">Click here</a> to see the additional PLTR ratings (Value, Momentum, Stability, and Sentiment).
Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>)
Headquartered in Ottawa, Canada, SHOP is a global commerce company. The company's platform enables merchants to display, manage, market, and sell their products through various sales channels, manage products and inventory, and process orders and payments.
The stock's trailing-12-month net income margin of 16.84% is 385.2% higher than the industry average of 3.68%. Similarly, its 11.22% trailing-12-month ROTA is 467.2% above the industry average of 1.98%. Also, its trailing-12-month asset turnover ratio of 0.72x compares favorably to the industry average of 0.62x.
In the fiscal third quarter that ended on September 30, 2024, SHOP's revenue increased 26.1% year-over-year, amounting to $2.16 billion. The company's gross profit rose 24.1% from a year-ago period to $1.12 billion.
The company's operating income came in at $283 million, and its net income stood at $828 million, up 132% and 15.3% year-over-year, respectively. In addition, SHOP's free cash flow amounted to $421 million, representing an increase of 52.5% year-over-year.
Street expects SHOP's revenue for the fiscal fourth quarter (ending December 2024) to increase 27.2% year-over-year to $2.73 billion. Moreover, its EPS estimate of $0.43 for the same period indicates a 25.4% year-over-year growth. In addition, it surpassed the consensus revenue estimates in each of the trailing four quarters, which is promising.
The stock has gained 89.1% over the past six months and 51% over the past three months to close the last trading session at $111.86. It has a two-year beta of 2.34.
SHOP's POWR Ratings reflect this outlook. It has an A grade for Sentiment and a B for Momentum. It is ranked #14 out of 25 stocks in the <a href="https://stocknews.com/category/internet-services/">Internet - Services</a> industry. To see the other ratings of SHOP for Growth, Value, Stability, and Quality <a href="https://stocknews.com/stock/SHOP/">click here</a>.
AppLovin Corporation (<a href="https://stocknews.com/stock/APP/">APP</a>)
APP engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content worldwide. The company operates through two segments: Software Platform and Apps.
APP's trailing-12-month ROCE and ROTA of 113.06% and 21.18% are 2537.1% and 970.9% higher than their respective industry averages of 4.29% and 1.98%. Likewise, its trailing-12-month EBIT margin of 35.81% is 576.7% above the industry average of 5.29%.
APP's revenue for the third quarter (ended September 30, 2024) increased 38.6% year-over-year to $1.19 billion. Its income from operations increased 187.1% year-over-year to $534.93 million. Its net income came in at $434.42 million and $1.25 per share, up 299.9% and 316.7% year-over-year, respectively.
APP's adjusted EBITDA rose 72.1% from a year-ago period to $721.62 million. Also, the company reported a free cash flow of $1.38 billion, indicating a 97.6% growth from the prior year's quarter.
Analysts expect APP's revenue for the fourth quarter (ended December 2024) to increase 31.9% year-over-year to $1.26 billion, while its EPS for the same quarter is expected to grow 155.4% from the prior year to $1.25. Moreover, the company has consistently exceeded expectations, surpassing the consensus EPS estimates in each of the trailing four quarters.
Shares of APP have gained 858.3% over the past year and 488.7% over the past nine months to close the last trading session at $366.55. Also, it has a 24-month beta of 3.31.
APP's fundamentals are reflected in its POWR Ratings. The stock has an A grade for Quality and a B for Growth and Sentiment. It is ranked #56 out of 127 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
Beyond what is stated above, we've also rated APP for Value, Momentum, and Stability. Get all of APP's ratings <a href="https://stocknews.com/stock/APP/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
PLTR shares were trading at $68.82 per share on Wednesday afternoon, down $2.14 (-3.02%). Year-to-date, PLTR has gained 300.82%, versus a 28.89% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/pltr-shop-app-3-high-risk-high-reward-tech-stocks-for-brave-investors/>3 High-Risk, High-Reward Tech Stocks for Brave Investors</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Risk, High-Reward Tech Stocks for Brave Investors

Alger Spectra Fund Q3 2024 Commentary

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Alger Focus Equity Fund Q3 2024 Commentary

Alger Mid Cap Focus Fund Q3 2024  Commentary

Alger Mid Cap Growth Fund Q3 2024 Commentary

Alger Dynamic Opportunities Fund Q3 2024 Commentary

Cloud computing is the cornerstone of today's business world, and it features multi-cloud strategies, edge computing, and AI-powered platforms. Given this backdrop, investors could keep an eye on three quality cloud computing stocks, Atlassian Corp (TEAM), The Trade Desk (TTD), and AppLovin Corp (APP), which are poised for growth. Read more... The cloud computing sector continues to thrive in the modern business, enabling companies to scale operations, enhance efficiency, and innovate rapidly. High-growth cloud computing stocks are benefiting from this trend as organizations across industries shift to cloud-based solutions.
Amid this backdrop, investors could add fundamentally solid cloud computing stocks, such as Atlassian Corporation (<a href="https://stocknews.com/stock/TEAM/">TEAM</a>), The Trade Desk, Inc. (<a href="https://stocknews.com/stock/TTD/">TTD</a>), and AppLovin Corporation (<a href="https://stocknews.com/stock/APP/">APP</a>) to their watchlists for growth potential.
One of the driving forces behind the growth of cloud computing is the increasing adoption of hybrid and multi-cloud strategies. Enterprises are no longer relying on a single provider but are instead diversifying their cloud usage to optimize costs and enhance security and functionality. According to a Forbes survey, out of 727 cloud technology decision-makers at large companies, <a href="https://www.bunnyshell.com/blog/multi-cloud-strategy-benefits/">63% have a multi-cloud strategy</a> established.
The rise of edge computing further boosts the appeal of cloud stocks. By bringing data processing closer to the source, <a href="https://www.cnbc.com/2024/06/11/computing-and-storage-are-moving-to-the-edge-and-it-needs-to-be-ready.html">edge computing reduces latency and enhances performance</a> for applications like IoT, manufacturing, energy, and autonomous vehicles. Cloud companies investing in edge infrastructure are extending digital transformation.
Furthermore, the global cloud computing market is anticipated to reach $2.39 trillion by 2030, <a href="https://grandviewresearch.com/industry-analysis/cloud-computing-industry">exhibiting a CAGR of 21.2%</a>. As companies continue to digitize and innovate, the demand for scalable, secure, and cost-effective cloud solutions will only grow, offering compelling investment opportunities.
Considering these encouraging trends, let's examine the fundamentals of the three <a href="https://stocknews.com/category/software-application/">Software - Application</a> stock picks, beginning with the third choice.
Stock #3: Atlassian Corporation (<a href="https://stocknews.com/stock/TEAM/">TEAM</a>)
Headquartered in Sydney, Australia, TEAM is a global technology company that designs, develops, licenses, and maintains various software products. Its product portfolio includes Jira Software and Jira Work Management, Confluence, and Trello.
On December 4, TEAM announced a multi-year strategic collaboration agreement with Amazon Web Services (AWS) to expedite cloud transformation and deliver advanced AI and security capabilities to enterprise customers. This agreement will help support the migration of millions of enterprise users to TEAM's Cloud running on AWS, leveraging both the party's security, and privacy of cloud.  
For the fiscal 2025 first quarter that ended on September 30, TEAM's total revenues increased 21.5% year-over-year to $1.19 billion. The company's non-GAAP gross profit grew 21.4% from the same period last year to $998.49 million.
Its non-GAAP <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> is $268.05 million, indicating a 19.2% growth from the prior year's quarter. Moreover, TEAM's non-GAAP net income came in at $199.70 million and $0.77 per share, up 18.2% and 18.5% year-over-year, respectively.
The consensus revenue estimate of $1.24 billion for the fiscal second quarter (ending December 2024) represents a 16.9% increase year-over-year. The consensus EPS estimate of $0.76 for the same quarter indicates a 3.5% improvement year-over-year. The company has an excellent surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
TEAM's revenue has grown at CAGRs of 26.8% and 28.5% over the past three and five years, respectively. Likewise, the company's levered FCF has increased at a CAGR of 31.6% over the past three years.
TEAM shares have surged 63.3% over the past six months and 56.5% over the past three months to close the last trading session at $250.19.
TEAM's stance is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has a B grade for Growth, Sentiment, and Quality. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
Among the 126 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, it is ranked #67. <a href="https://stocknews.com/stock/TEAM/">Click here</a> to see the additional TEAM ratings (Value, Momentum, and Stability).
Stock #2: The Trade Desk, Inc. (<a href="https://stocknews.com/stock/TTD/">TTD</a>)
TTD operates as a technology company internationally, offering a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels.
On November 20, TTD announced that it had developed Ventura, an innovative new streaming TV Operating System (OS). TTD will partner with TV Original Equipment Manufacturers (OEMs) and other streaming TV aggregators to deploy Ventura. This development should help advertisers maximize campaign performance, giving consumers a better TV ad experience when streaming.
During the third quarter that ended on September 30, TTD's revenue increased 27.3% year-over-year, amounting to $628.02 million. It posted income from operations of $108.48 million, indicating a 187.9% increase from the prior-year quarter.
In addition, the company's non-GAAP net income stood at $207.23 million, up 23.9% year-over-year, while its non-GAAP earnings per share grew 24.2% from the year-ago value to $0.41. Also, its adjusted EBITDA rose 28.8% from the year-ago value to $257.03 million.
Street expects TTD's revenue for the fiscal fourth quarter (ending December 2024) to increase 25.3% year-over-year to $759.32 million. Its EPS for the same period is expected to register a 38.6% growth from the prior year, settling at $0.57. In addition, it surpassed the consensus revenue estimates in each of the trailing four quarters, which is impressive.
Moreover, TTD's revenue has grown at CAGRs of 30.7% and 27.3% over the past three and five years, respectively. In addition, its EPS increased at 24.9% CAGR over the past five years.
Over the past year, the stock has surged 69.2%, closing the last trading session at $127.93.
TTD's POWR Ratings reflect this outlook. It has an A grade for Growth and a B for Quality and is ranked #66 out of 126 stocks in the same industry. To see the other ratings of TTD for Value, Momentum, Stability, and Sentiment, <a href="https://stocknews.com/stock/TTD/">click here</a>.
Stock #1: AppLovin Corporation (<a href="https://stocknews.com/stock/APP/">APP</a>)
APP engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content worldwide. The company operates through two segments: Software Platform and Apps.
APP's revenue for the third quarter (ended September 30, 2024) increased 38.6% year-over-year to $1.19 billion. Its income from operations increased 187.1% year-over-year to $534.93 million. Its net income came in at $434.42 million and $1.25 per share, up 299.9% and 316.7% year-over-year, respectively.
APP's adjusted EBITDA rose 72.1% from a year-ago period to $721.62 million. Also, the company reported a free cash flow of $1.38 billion, indicating a 97.6% growth from the prior year's quarter.
Analysts expect APP's revenue for the fourth quarter (ending December 2024) to increase 31.9% year-over-year to $1.26 billion, while its EPS for the same quarter is expected to grow 154.8% from the prior year to $1.25. Moreover, the company has consistently exceeded expectations, surpassing the consensus EPS estimates in each of the trailing four quarters.
Over the past three years, APP's EBIT and normalized net income grew at CAGRs of 146% and 434.8%, respectively. Its total assets grew at 6% CAGR over the past three years.
The stock has gained 685.6% year-to-date and 359.4% over the past nine months to close the last trading session at $313.07. 
APP's fundamentals are reflected in its POWR Ratings. The stock has an A grade for Quality and a B for Growth. It is ranked #62 in the Software - Application industry.
Beyond what is stated above, we've also rated APP for Value, Momentum, Stability, and Sentiment. Get all of APP's ratings <a href="https://stocknews.com/stock/APP/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
APP shares were trading at $318.07 per share on Thursday afternoon, up $5.00 (+1.60%). Year-to-date, APP has gained 698.17%, versus a 24.98% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/app-team-ttd-3-high-growth-cloud-computing-stocks-to-watch/>3 High-Growth Cloud Computing Stocks to Watch</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth Cloud Computing Stocks to Watch

I invested in AppLovin ($APP) when the company was worth less than $15 billion. Today, that figure stands at over $113 billion after a 687% rally o...

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