APP: AppLovin Corporation (APP) Market Value Craters $20 Billion On March 27 After Muddy Waters Takes Aim, Class Action Pending - Hagens Berman

SAN FRANCISCO, March 28, 2025 (GLOBE NEWSWIRE) -- On March 27, 2025, investors in AppLovin (NASDAQ:APP) saw the price of their shares drop $65.92, wiping out about $20 billion of the company's market value, after prominent short seller Muddy Waters Research revealed its short position in the stock.Muddy Waters' report comes on the heels of a recently filed securities class action lawsuit, captioned Quiero v. AppLovin Corporation, et al., No. 4:25-cv-02294 (N.D. Cal.). The suit seeks to represent investors who purchased AppLovin securities between May 10, 2023 and February 25, 2025.Hagens Berman is investigating the claims and urges investors who purchased AppLovin shares and suffered substantial losses to submit your losses now.Class Period: May 10, 2023 - Feb. 25, 2025Lead Plaintiff Deadline: May 5, 2025Visit: www.hbsslaw.com/investor-fraud/appContact the Firm Now: APP@hbsslaw.com 844-916-0895Recent Development:On March 27, 2025, Muddy Waters Research published a scathing report titled "AppLovin: Deep Data Analysis Shows APP is Just Another Scammy AdTech Company."The report's focus is in part on "retargeting" (a strategy that aims to re-engage potential customers who have previously interacted with a brand), "incrementality" (the additional or incremental lift in sales or conversions that a marketing activity generates), and AppLovin's compliance with third party platforms' TOS (terms of service).Muddy Waters contends that "APP e-commerce is Mostly Retargeting, ...Full story available on Benzinga.com