Morgan Stanley says AppLovin can tough it out

Still in the bullish camp

AppLovin has spent the year getting kicked around a bit, but Morgan Stanley is reportedly telling investors to stay the course. In plain English: the bank still likes the story, even if the stock chart has been looking like it got into a fight with gravity.

Why investors should care

When a big-name bank keeps a bullish stance on a battered name, it can act like a small morale boost for the market. It won’t magically fix the stock, but it does remind investors that not every ugly year means the thesis is broken.

The takeaway

For AppLovin holders, this is less about a dramatic new catalyst and more about reassurance. The message is basically: the pain is real, but Morgan Stanley still thinks the long game is intact. Big picture: sometimes the most important Wall Street note is the one that says, "don’t overreact."