UPDATE 1-KKR-backed AppLovin valued at over $25 bln as shares fall in market debut - Reuters

10:16am PDT - April 15th, 2021    coinbase stock - Reuters

Shares of AppLovin Corp fell 12.5% in their U.S. stock market debut on Thursday, fetching a valuation of more than $25 billion for the KKR & Co Inc -backed mobile app and gaming company.