AppLovin stock price has imploded this month, ending one of the biggest rallies in Wall Street in the past few months. APP shares plummeted to a low of $290, its lowest level since November 15. It has plunged by almost 40% from the highest point this year.

AppLovin (APP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.