From Yahoo Finance: 2025-05-17 18:25:00

AppLovin, a tech company, has faced scrutiny from short sellers, but billionaire investor Chase Coleman recently initiated a large position in the stock. The company has shown significant growth and trades at a reasonable valuation. AppLovin’s core business is an advertising platform for gaming apps, and its AI-based technology has led to substantial revenue growth. Despite allegations from short sellers, AppLovin denies any wrongdoing. The stock has posted impressive gains and continues to grow, with potential expansion into e-commerce. Despite some concerns, investors may consider taking a position in the stock given its growth opportunities and valuation.



Read more at Yahoo Finance: This Billionaire Just Bet Big on a Controversial AI Stock. Should You?