AppLovin falls over 13% as short-sellers Culper Research, Fuzzy Panda accuse company of fraud
AppLovin shares tumbled more than 13% on Wednesday after two short-selling research firms, Culper Research and Fuzzy Panda Research, published critical reports alleging fraudulent advertising practices and data privacy violations. The stock drop follows a week of mounting scrutiny, including a separate report from The Bear Cave newsletter.The stock, which…
February 26, 2025