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Chronicles

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Sources: the SEC has been probing AppLovin over allegations that it violated platform partners' agreements to push more targeted ads to consumers; APP drops 14%

Olivia Solon / Bloomberg :

Bloomberg Olivia Solon

Discussion

  • @birdyword Mike Bird on x
    AppLovin -13% (leaving it up only 74% this year at a $194bn market cap)
  • @stockjabber Edwin Dorsey on x
    If you used @FOIAsearch, you would have know about the AppLovin SEC inquiry weeks before the public and even the exact reporter working on the story! $APP [image]
  • @nickschmidt_ Nick Schmidt on x
    $APP down 14% today to $587. This is why I sold it all at $95 I knew this day was coming [image]
  • @amitisinvesting Amit on x
    $APP The SEC is probing Applovin on violating privacy and data protections for the use of their ad targeting.  One of the best names this year, got into the S&P, taking a 20% hit...not easy to find names growing 70% take a 20% hit in this market.  What do we think?  Legit?  Short…
  • @fuzzypandashort @fuzzypandashort on x
    Bloomberg reporting that the SEC is investigating $APP data collection practices. We warned investors about these issues back in Feb [image]
  • @devahaz Deva Hazarika on x
    Wait, until news today, Applovin had doubled in the last three months! Anyway if I'm CEO I'm getting a “Trump Saved American Business” stamped gold bar made ASAP. [image]
  • @laurenbalik Lauren Balik on x
    This was the big tell for $APP AppLovin.  Some spook who was sleeping with actor Kevin Costner's wife in Los Angeles gets banned from Germany as AppLovin Head of Global Affairs, as reported by Laura Loomer.
  • @buccocapital @buccocapital on x
    The simple fact of the matter is there shouldn't be a company call Applovin that is worth $200B We are supposed to be a serious nation with serious capital markets
  • @yoda Drew Olanoff on x
    whenever i see that company name i think this: [image]
  • @marypcbuk Scary Mary Branscombe on bluesky
    the ads on mobile are absolutely out of control; so many utterly fraudulent ads and an absurd level of tracking and targeting [embedded post]