Short-seller firm Fuzzy Panda Research is trying to keep shares of AppLovin out of the S&P 500, accusing the company of fraudulent ad-tech practices.
Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics.
Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics.
These are some of the stocks posting the largest moves in midday trading.
AppLovin was the most successful tech stock in the U.S. last year, soaring more than 700% and outperforming even the biggest names in the AI space.
These are the stocks posting the largest moves in midday trading.
Applovin was the most successful tech stock in the U.S. last year, soaring over 700% and outperforming even the biggest names in the AI space.
After a banner year that saw AppLovin's stock jump more than 700%, the company reported better-than-expected results for the fourth quarter.