Why AI Stock AppLovin Crushed It on Monday

Adtech company AppLovin (APP 4.85%) was an outlier on the stock market in the best way as the trading week kicked off. On Monday, following a new and rather bullish note from a researcher tracking its fortunes, AppLovin's stock bounced almost 5% higher. That handily beat the S&P 500 (^GSPC 0.52%), which had a good if not spectacular day with a 0.5% rise. A bull weighs in again Before market open, Jefferies published a fresh report on AppLovin. In it, …