It's been quite the turbulent past month for shares of EV titan Tesla ( NASDAQ:TSLA), which fell back to around $400 per share after running into a ceiling of resistance at just shy of $470. Undoubtedly, those looking to play a breakout in the name are now pondering the path ahead, now that the broad stock market has seemingly turned against all things tech (especially the tech names with significant AI exposure).
AppLovin stock is up 85% in 2025. However, the stock fell 14% on Monday and shares fell 3% in premarket trading on Tuesday before reversing course - ending the day up 7.6%. The recovery - 6.6% of ApplLovin's stock is sold short - may have been due to reports from Citigroup and Oppenheimer which reiterated their buy recommendations and suggested the market overreacted to the investigation, noted MarketBeat.