AppLovin (NASDAQ: APP) stock dropped 14% after news of an SEC probe into the company’s business practices. The investigation was triggered by a whistleblower complaint and short-seller reports. The SEC is focusing on AppLovin’s data collection practices, although the company has not been accused of any wrongdoing. Both the SEC and AppLovin declined to comment on the matter. Investors should monitor this situation closely before considering investing in AppLovin. The Motley Fool’s Stock Advisor team has not included AppLovin in their list of the 10 best stocks to buy now, citing potential risks associated with the SEC probe.

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