U.S. stock night market volatility: Zweig-DiMenna's confidence in holdings drives AppLovin to rise 3.33% in after-hours trading

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2025.11.20 07:16
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AppLovin rose 3.33% in after-hours trading; Palantir Tech rose 3.95% in after-hours trading, with a transaction volume of USD 38.09 million; Strategy rose 3.15% in after-hours trading, with a transaction volume of USD 34.59 million; IREN rose 8.40% in after-hours trading, with a transaction volume of USD 24.24 million

U.S. Stock Night Market Movements

AppLovin rose 3.33% in the night market. Based on recent key news:

  1. On November 19, MarketBeat reported that AppLovin was not included in the list of five stocks recommended by top analysts, despite its rating being a moderate buy. This indicates a lack of confidence in the company's future performance, which may affect investor sentiment.

  2. On November 18, MarketWatch pointed out that Zweig-DiMenna's 13-F filing showed it held AppLovin in the third quarter, reflecting the firm's continued confidence in tech stocks, which drove the stock price up.

  3. On November 17, MarketBeat reiterated that AppLovin was not included in the recommended list by top analysts, despite its rating being a moderate buy, which may lead investors to reassess its investment value. Tech stocks are highly valued, with significant capital inflows.

Stocks with High Trading Volume in the Industry

Palantir Tech rose 3.95% in the night market. Based on recent key news:

  1. On November 19, Palantir signed a multi-million pound, multi-year partnership agreement with PwC UK to accelerate AI transformation. This collaboration boosted market confidence in Palantir's future growth, driving the stock price up.

  2. On November 18, Barron's analysis pointed out that Palantir's stock price fell below the 50-day moving average, creating bearish signals technically, which heightened market concerns about its short-term performance.

  3. On November 18, analysts expressed concerns about Palantir's high valuation, believing its forward P/E ratio is too high, which may pose risks of valuation contraction. The AI industry is growing strongly, but valuation risks are increasing.

Strategy rose 3.15% in the night market. Based on recent key news:

  1. On November 17, Strategy founder Michael Saylor stated that he would consider selling holdings only if Bitcoin prices fell below $10,000. This statement reflects the company's long-term holding strategy for Bitcoin, enhancing market confidence in its stability.

  2. On November 17, Strategy announced that it purchased $835.6 million worth of Bitcoin when prices fell below $100,000, demonstrating the company's aggressive buying strategy during market downturns, further solidifying its position as the largest holder of Bitcoin.

  3. On November 19, Strategy's Executive Vice President Shao Wei-Ming sold 5,200 shares of company stock, totaling $1.04 million. This insider trading may raise market doubts about internal confidence in the company, leading to stock price fluctuations. The Bitcoin market is experiencing increased volatility, with significant institutional capital inflows.

IREN rose 8.40% in the night market. Based on recent news,

  1. On November 20th, IREN signed a five-year AI cloud contract worth $9.7 billion with Microsoft and received a $1.9 billion advance payment. This news boosted market confidence and drove the stock price up.

  2. On November 19th, Citizens initiated coverage on IREN stock, giving it a "market outperform" rating and announcing a target price of $80. This positive rating further propelled the stock price upward.

  3. On November 18th, Bernstein analyst Gautam Chhugani maintained a "buy" rating on IREN and set a target price of $125. This optimistic analyst rating also had a positive impact on the stock price. Market demand for IREN exceeds supply, and investors are optimistic about it