From Yahoo Finance: 2025-03-27 17:40:00

AppLovin shares plummeted after short seller Muddy Waters alleged the company engaged in “scammy” practices, causing shares to close at $261.70. The stock has quadrupled in value over the last year due to AI-driven growth expectations. Other short sellers, including Fuzzy Panda and Culper Research, have also accused the company of fraudulent practices. Muddy Waters suggested AppLovin’s practices could hinder growth and lead to service blockages. The company has not responded to the allegations.



Read more at Yahoo Finance: AppLovin Stock Tumbles After Short-Seller Report Alleging ‘Scammy’ Practices