AppLovin, Array Technologies, and New Fortress Energy stocks fell to annual lows amid company-specific catalysts and Wall Street pessimism.

  • APP stock fell more than 2% after Piper Sandler lowered its price target following weak second-quarter results. 
  • ARRY stock lost about 2.5% amid concerns over President Trump’s 15% duty on products made from polysilicon. 
  • NFE stock slumped to an annual low during trading hours but recovered to close up 0.15% after Chief Financial Officer Christopher Guinta stepped down from his role. 

Shares of AppLovin Corp. (APP), Array Technologies Inc. (ARRY), and New Fortress Energy Inc. (NFE) slid to 52-week lows on Monday amid a series of company-related catalysts and Wall Street caution. 

APP stock fell more than 2% after Piper Sandler lowered its price target following the company's weak second-quarter (Q2) results. 

ARRY stock also lost about 2.5% at close on Monday amid concerns over President Donald Trump’s 15% duty on products made from polysilicon, raising concerns despite recent strong quarterly results. 

NFE stock slumped to an annual low during trading hours but recovered to close up 0.15% after Chief Financial Officer Christopher Guinta stepped down, effective Aug. 21. 

AppLovin Slumps On Unsatisfactory Q2 Results 

APP stock fell to a 52-week low of $297.50 on Monday, extending three consecutive sessions in the red as analysts grew cautious after its second-quarter results. 

The company reported Q2 revenue of $1.92 billion, up 53% year over year, narrowly missing consensus estimates. Meanwhile, earnings per share of $3.76 slightly beat expectations. 

Management attributed the revenue miss to slower AI model improvements, though a major AXON upgrade, AppLovin’s AI-powered advertising technology that helps advertisers target users and optimize ad placements, was deployed after quarter-end. For the upcoming quarter, AppLovin expects revenue of $2.055 billion to $2.085 billion and adjusted EBITDA of $1.71 billion to $1.74 billion.

Piper Sandler slashed the price target on AppLovin to $325 from $385 and maintained a ‘Neutral’ rating on the shares, noting that it has updated its model after talking with management. The firm said that it noted topline moves lower, along with slightly lower second-half 2026 margins. 

While the business remains high quality, the recent Q2 print gave Piper pause around the sustainability of growth, it said, as per TheFly. However, the firm thinks an expectations reset could create a more positive near-term setup, it added. 

On Stocktwits, retail sentiment around APP stock was ‘bullish’ at the time of writing. The company’s shares are down nearly 52% year-to-date. 

Array Technologies Falls On Material Cost Concerns

ARRY stock fell to an annual low of $4.48 on Monday, plunging more than 61% from its highs this year, as the company’s forward outlook and broader solar-sector risks weighed on investor sentiment. 

The Trump administration said that the U.S. will impose a 15% tariff on imported polysilicon derivatives, including wafers, solar cells and modules, under the August 6 Section 232 proclamation. It would also set minimum import prices of $0.22/W for cells, $0.38/W for modules, and $21/kg for raw polysilicon, with the measures set to take effect Dec. 4.

Although Array does not manufacture solar panels or polysilicon, it makes utility-scale solar tracking systems, and the policy could affect it indirectly. 

Meanwhile, the company posted Q2 revenue of $342.1 million, $0.24 adjusted EPS, and a record $2.5 billion in executed contracts and awarded orders. 

Array maintained its 2026 revenue guidance of $1.4 billion to $1.5 billion while raising adjusted EBITDA guidance to $210 million to $230 million, from $200 million to $230 million. 

ARRY stock sentiment on Stocktwits was ‘bullish’ at the time of writing. The company’s shares are down nearly 53% in 2026. 

New Fortress Energy Pressured By CFO Resignation 

NFE stock fell to a 52-week low of $0.25 on Monday following a regulatory filing that revealed Christopher S. Guinta will resign from his role as Chief Financial Officer effective Aug. 21, 2026. However, the company did not disclose a reason for the departure. 

The company said it intends to begin a search for a new CFO, including both internal and external candidates. Guinta ⁠served as the company's ​finance ⁠chief since Aug. 2018, according to ⁠its ​website.

Earlier this month, New Fortress Energy reported Q2 revenue of approximately $312.5 million, slightly above the $304.1 million recorded a year earlier. The company posted a loss of $1.30 per share, significantly worse than consensus estimates. 

On Stocktwits, retail sentiment around NFE stock improved from ‘bearish’ to ‘bullish’ over 24 hours as investors anticipated positive updates from the company soon. NFE stock is down more than 75% so far this year. 

For updates and corrections, email newsroom[at]stocktwits[dot]com.<