Sands Capital Technology Innovators Fund Added AppLovin (APP) on a Dip

Sands Capital, a “Sands Capital Technology Innovators”, has issued a copy of the message here. Technology innovators focus on leading companies around the world that act as major engines or beneficiaries of long -term changes driven by technology. The box returned by -10.4 % (Safi) in the first quarter compared to 9.4 % return for the standard, the MSCI Acui Telecommunications Services Index. The choice of securities in the software sector was the primary factor that negatively affects the relative performance. You can check the 5 best holdings of the box to learn more about its best choices for 2025.

In the investor’s speech in the first quarter of 2025, the Sands Capital Technology Innovators such as Applovin Corporation (NASDAQ: App). Applovin Corporation (NASDAQ: APP) develops a software -based platform for advertisers to enhance its content marketing. The return of Applovin Corporation (NASDAQ: APP) one month 41.44 %, and its shares have gained 354.06 % of its value over the past 52 weeks. On May 27, 2025, Applovin Corporation (NASDAQ: App) closed at $ 380.91 per share, with a marketing of a market of 128.895 billion dollars.

The Sands Capital Technology Innovators Fund has stated the following regarding Applovin Corporation (NASDAQ: App) in the investor letter Q1 2025:

“Applovin Corporation (NASDAQ: App) is one of the leading service providers for advertising solutions for mobile phone gaming developers. The decrease in the stock price stems from a wider sale in high beta stocks, exacerbated by multiple short reports. These reports claim to manipulate the application of the application and support the improper data-the claims that we consider largely unfounded. Applovin’s revenues are associated with purchases, not clicks, and its customers use advanced support tools. Looking at the mysterious nature of advertising technology, we have taken additional precautions in our due care, fraud experts in consulting ads and forensic accountant. We do not see any new concerns that change our conviction and believe that the sale has improved the long -term risk reward for our benefit.