AppLovin Corp. has emerged as the top-performing tech stock of 2024, with its shares surging an additional 45% following a strong earnings report. The company, which specializes in software solutions for mobile app developers, reported third-quarter results that exceeded market expectations, contributing to a remarkable 600% increase in its stock price year-to-date. As of November 8, AppLovin's market capitalization reached approximately $91 billion, while its competitor, The Trade Desk, holds a market cap of around $68 billion. The stock has also seen a notable rise of 400% from its lows in August. Additionally, AppLovin is set to be included in the Nasdaq-100 index starting November 18, further solidifying its position in the market.