Why AppLovin Stock Was Falling Today
Key Points CapitalWatch accused AppLovin of being part of a money-laundering network. Management said the accusation was baseless. AppLovin has been a popular target of short sellers. 10 stocks we like better than AppLovin › Shares of AppLovin (NASDAQ: APP) were pulling back today after the high-flying ad-tech company got hit by another short-seller report. This time, CapitalWatch, a financial research company, accused AppLovin of fostering a Southeast Asian money laundering network. The accus ...