Why AppLovin Shares Are Trading Higher By Around 29%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2025
0mins
Source: Benzinga
AppLovin Corporation Financial Results: AppLovin's shares surged 28.9% in pre-market trading after reporting fourth-quarter revenue of $1.37 billion, exceeding analyst expectations, and providing first-quarter revenue guidance above estimates.
Stock Movements: Several stocks experienced significant pre-market trading movements, with Phoenix Motor Inc gaining 81.2% and Aspen Aerogels Inc dropping 30.6% following their respective financial announcements.
Analyst Views on SLSR
Wall Street analysts forecast SLSR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLSR is 10.43 USD with a low forecast of 8.57 USD and a high forecast of 13.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 9.010
Low
8.57
Averages
10.43
High
13.50
Current: 9.010
Low
8.57
Averages
10.43
High
13.50
About SLSR
Solaris Resources Inc. is a Canada-based multi-asset exploration company that is engaged in advancing a portfolio of copper and gold assets in the Americas. Its Warintza property is a porphyry copper-molybdenum-gold project located in southeastern Ecuador in the province of Morona Santiago. It includes nine metallic mineral concessions covering 26,777 hectares (ha). The Ricardo property is an exploration porphyry copper prospect located near Calama, Chile in the Calama Mining District. Its claim block covers approximately 16,000 ha. The Tamarugo property is a grass-roots copper porphyry target located in northern Chile approximately 85 kilometers northeast of Copiapo. Its claim blocks cover a total of approximately 12,300 ha. The Capricho project is a 4,200-ha copper-molybdenum-gold property. The Paco Orco project is a 4,400-ha lead, zinc and silver property. The La Verde property is situated in the Sierra Madre del Sur west of Mexico City, including the Unificacion Santa Maria claim.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
