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AppLovin shares tumble 16% as short sellers question its centerpiece AXON ad software
The reports from Fuzzy Panda and Culper Research come following a stellar fourth-quarter earnings beat in February that kept Wall Street feeling bullish on AppLovin. Shares of AppLovin tumbled 16% ...
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AppLovin shares tumble as short sellers question its centerpiece AXON ad software
Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics. The reports from Fuzzy Panda and Culper Research come following a ...