Market News – 08/13/25 𝗪𝗵𝘆 𝗜 𝗦𝗼𝗹𝗱 𝗔𝗽𝗽𝗟𝗼𝘃𝗶𝗻 $APP ? After analysis, I decided to close my position in AppLovin for several reasons: 𝙂𝙖𝙞𝙣 – We achieved an average return of +25%, which represents satisfactory performance over the period. 𝙃𝙞𝙜𝙝 𝙑𝙖𝙡𝙪𝙖𝙩𝙞𝙤𝙣 – The stock had already priced in a lot of optimism, limiting the upside potential in the short and medium- to long-term. 𝙋𝙧𝙤𝙛𝙞𝙩 𝙏𝙖𝙠𝙞𝙣𝙜 – Securing a portion of the gains helps reduce the overall portfolio risk. 𝙎𝙩𝙧𝙖𝙩𝙚𝙜𝙞𝙘 𝙍𝙤𝙩𝙖𝙩𝙞𝙤𝙣 – Capital will be reallocated to opportunities offering a better risk-reward ratio at this stage. This is not a negative long-term assessment of AppLovin, but an active management decision to secure a significant gain and optimize the overall portfolio performance. ⚠️ Risk Warnings: 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘢 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺, 𝘯𝘰𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘞𝘩𝘦𝘵𝘩𝘦𝘳 𝘺𝘰𝘶 𝘤𝘩𝘰𝘰𝘴𝘦 𝘵𝘰 𝘶𝘴𝘦 𝘪𝘵 𝘪𝘴 𝘺𝘰𝘶𝘳 𝘰𝘸𝘯 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯. 𝘗𝘢𝘴𝘵 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘨𝘶𝘢𝘳𝘢𝘯𝘵𝘦𝘦 𝘰𝘧 𝘧𝘶𝘵𝘶𝘳𝘦 𝘳𝘦𝘴𝘶𝘭𝘵𝘴.