U.S. Stock market: Applovin jumps 49%, iHeartMedia up 43%, and Dutch Bros surges 39% in early market trading

Applovin Corporation led the surge with a 48.54% increase, pushing its share price to $250.36 as it draws attention in the technology services sector.

Advertisement

As of 9:52 AM EST, notable stock gains are driving activity in the technology, media, and consumer sectors. Applovin Corporation led the surge with a 48.54% increase, pushing its share price to $250.36 as it draws attention in the technology services sector. iHeartMedia, Inc. (IHRT) followed with a robust 43.10% rise to $2.49 per share, reflecting growth in consumer services.

In the consumer non-durables sector, Dutch Bros Inc. (BROS) experienced a 39.32% increase, trading at $48.68 as interest in the coffee brand continues to grow. FARO Technologies, Inc. (FARO) rose 34.32% to $25.29, showing gains in electronic technology, while Emergent BioSolutions Inc. (EBS) also saw a 34.17% rise to $12.34 in health technology.

Other notable gainers include Lyft, Inc. (LYFT), up 29.58% at $18.66, and Cyngn Inc. (CYN), which rose 27.86% to $4.96 in the technology services sector.

Advertisement

Disclaimer: This article is purely for informational purposes only and does not constitute financial advice.