AppLovin Closed at $65.20 in Stock Market Debut AppLovin makes trading debut on Nasdaq at $70 a share, 12.5% lower than its issue price. Author: Original: KKR-backed mobile game company AppLovin ( APP) - Get Report made its stock market debut Thursday on the Nasdaq at $70 a share, 12.5% lower than its initial public offering price. Shares of AppLovin fell 18.50% to close at $65.20 at the end of its first day of trading. Shares were dropping 0.27% in after-hours at last check. The stock began trading Thursday under the ticker symbol "APP." AppLovin's initial public offering was priced at $80 a share. AppLovin offered 22.5 million class A common shares at $75 to $85 and existing shareholder KKR & Co. offered 2.5 million shares.