AppLovin shares dive 19% after latest short-seller report

Shares in ad tech firm AppLovin dived by approximately 19% following the release of another short-seller report questioning the company’s advertising practices.

Investment firm Muddy Waters has published a new report largely focused on its concerns around a potential violation of Apple and Google’s terms of service on their respective app stores, which it claimed could risk AppLovin being deplatformed. It claimed that if it isn’t,…

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