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

AppLovin Corporation (APP) Market Value Craters $20 Billion On March 27 After Muddy Waters Takes Aim, Class Action Pending – Hag

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Posted by Two Blokes Apr 16 - Filed in Stock - 2 views

SAN FRANCISCO, April 16, 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.