AppLovin (APP 2.86%) is one of the most talked-about stocks on Wall Street -- and for good reason. Its stock has been on an incredible ride over the last two years.Yet, with the stock now down nearly 50% from its recent highs, investors want to know: Where is this stock going?Here's what I think. How AppLovin stock got hereFirst, let's recap how AppLovin has performed. To say that the stock enjoyed a good run is a massive understatement. As of this writing, AppLovin stock has surged by more than 293% over t ...