Tech Stocks Soared This Week, but Uncertainty Persists
In a week of market volatility, the adtech sector was on fire this week after a down week to start April. According to data provided by S&P Global Market Intelligence, shares of AppLovin (NASDAQ: APP) were up as much as 19.9%, Reddit (NYSE: RDDT) jumped 17%, and Spotify (NYSE: SPOT) was up 12.7%. Stocks shot up across the board, and that included a lot of tech companies and those who benefit from consumer spending and advertising, like AppLovin, Reddit, and Spotify.