Applovin's stock dropped 18.2% in March due to short-seller reports on questionable tactics.

From Yahoo Finance: 2025-04-06 12:30:00

Shares of digital advertising company Applovin (NASDAQ: APP) dropped by 18.2% in March due to a third short-seller report from Muddy Waters. The report accused Applovin of engaging in questionable tactics to boost digital advertising revenue. Muddy Waters claimed Applovin’s software violated app store rules by scraping user data and using tactics to increase ad sales. The tech sector’s decline and fears over White House tariff policies exacerbated the drop in Applovin’s stock. Short-sellers have targeted Applovin, questioning the integrity of its digital advertising engine. Applovin’s management refuted the claims and hired a law firm to investigate. The company has also expressed interest in bidding for TikTok U.S., despite the negative reports. Investors are advised to reevaluate their investment in Applovin in light of these developments.



Read more at Yahoo Finance: Why Applovin Plunged in March