Core Viewpoint - A securities class action lawsuit has been filed against AppLovin Corporation, alleging that the company misled investors about its financial growth and stability during the class period from May 10, 2023, to February 25, 2025 [1] Allegations of Misleading Information - The complaint claims that AppLovin's executives provided investors with overly positive information regarding the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies, while simultaneously engaging in dishonest advertising practices [2][3] - It is alleged that the company concealed material adverse facts and engaged in manipulative practices, such as a "backdoor installation scheme," which inflated installation numbers and profitability [3] Emergence of Truth - The truth about AppLovin's practices reportedly emerged on February 26, 2025, when analysts revealed that the company was reverse engineering advertising data from Meta Platforms and using manipulative tactics to inflate ad click-through and app download rates [4] Market Reaction - Following the revelations, AppLovin's stock price dropped significantly from $377.06 per share on February 25, 2025, to $331.00 per share on February 26, 2025, indicating a strong negative reaction from investors and analysts [5]

Core Viewpoint - The AppLovin Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims that the company misrepresented its advertising platform and engaged in manipulative practices to inflate its performance metrics [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, Inc., covers purchasers of AppLovin securities from May 10, 2023, to February 25, 2025, with a deadline of May 5, 2025, for potential lead plaintiffs to come forward [1]. - Allegations include that AppLovin falsely portrayed its AXON 2.0 digital ad platform and AI technologies as effective tools for matching ads to mobile games, while actually exploiting advertising data from Meta Platforms [3][4]. - Reports emerged on February 26, 2025, indicating that AppLovin was reverse engineering Meta's advertising data and using manipulative tactics to inflate ad click-through and app download rates, leading to a more than 12% drop in share price [4]. Group 2: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased AppLovin securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and can choose a law firm to represent the class [5]. Group 3: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having secured over $6.6 billion for investors in class action cases, making it a leader in the field [6]. - The firm has been ranked 1 in securing monetary relief for investors in six out of the last ten years, highlighting its effectiveness in handling such cases [6].

Core Viewpoint - A securities fraud lawsuit has been filed against AppLovin Corporation and certain executives, alleging that they misled investors about the company's financial health and practices, leading to significant losses when the truth was revealed [1][2]. Summary by Sections Allegations of Fraud - The lawsuit claims that AppLovin's executives provided misleading information regarding the company's financial growth and stability, including confidence in the AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - Defendants allegedly reported strong financial results while engaging in dishonest advertising practices, including a "backdoor installation scheme" that inflated app installation numbers and profitability [2]. Impact on Shareholders - Following the revelation of the truth on February 26, 2025, AppLovin's shares dropped over 10%, indicating the impact of the misleading statements on the stock price [2]. Eligibility for Investors - Investors who purchased AppLovin common stock between May 10, 2023, and February 25, 2025, and experienced a decline in share value may be eligible to participate in the lawsuit [3]. Next Steps for Investors - The deadline to seek appointment as lead plaintiff is May 5, 2025, and investors are encouraged to contact Block & Leviton for more information [4]. Whistleblower Information - Individuals with non-public information about AppLovin are encouraged to assist in the investigation, with potential rewards for whistleblowers who provide original information to the SEC [5]. Firm's Reputation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [6].

Artificial intelligence-powered ad-tech company AppLovin (APP -1.21%) had a dream year in 2024. Its stock exploded roughly 713%, which was exceptional performance even for a stock in the popular AI trade.However, 2025 has been a different story. The stock is down about 6% year to date, and it plunged in mid-February after several short reports came out. (Keep in mind that if someone is short a stock, they make money when it falls.) These reports launched various allegations against AppLovin, from ad fraud t ...

PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of AppLovin Corporation (NASDAQ:APP).("AppLovin" or the "Company"). The investigation concerns whether AppLovin and certain of its officers and/or directors have engaged in securities fraud.    PLEASE CLICK HERE TO PROVIDE YOU ...

PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of AppLovin Corporation (NASDAQ: APP).(“AppLovin” or the “Company”). The investigation concerns whether AppLovin and certain of its officers and/or directors have engaged in securities fraud.    PLEASE CLICK HERE TO PROVIDE YO ...

Company Overview - AppLovin Corporation (NASDAQ: APP) is a leading marketing platform that provides technologies and advertising services to help businesses connect with their customers [1] - The company utilizes AI to enhance advertising outcomes for its clients [1] Analysis Insights - The stock analysis is conducted by HedgeMix, focusing on the growth prospects of companies [2] - The Discounted Cash Flow (DCF) model is employed for valuation purposes, providing insights on cash flow generation across different business models [2]

Core Viewpoint - The current market volatility presents an opportunity for investors to focus on significant macro trends, particularly in the technology sector, which is increasingly influenced by artificial intelligence and digital platforms [1][2]. Company Overview - AppLovin (NASDAQ: APP) is positioned as a software platform provider that caters to business needs, suggesting a potential for significant upside despite recent price fluctuations [3][4]. - The stock is currently trading at $337.34, which is 62% of its 52-week high, indicating a potential buying opportunity as it may have already factored in worst-case scenarios [4]. Stock Performance and Forecast - The 12-month stock price forecast for AppLovin is $452.29, representing a 34.08% upside from the current price [5]. - Analyst ratings indicate a "Moderate Buy" with a high forecast of $650.00 and a low forecast of $70.00, reflecting a range of expectations among analysts [6]. Market Sentiment and Analyst Opinions - A recent short report alleging fraudulent activity was dismissed by several analysts, who maintained a bullish outlook on AppLovin, suggesting that even if the allegations were true, they would not materially affect the company's revenue or cash flow [6][7]. - Analysts from Wells Fargo reiterated their Overweight rating and increased their valuation, indicating confidence in the stock's potential [7]. Short Interest and Market Dynamics - AppLovin's short interest has declined by 12.1% over the past month, signaling bearish capitulation and potential for further upside [9]. - The stock's high P/E ratio of 74.30 suggests that investors are willing to pay a premium for stocks perceived to have strong growth potential, despite concerns about valuation [10][11]. Price Action and Buying Opportunities - The stock has shown resilience, with a notable buying interest around the $289 to $300 per share range, indicating a strong support level [13].

NEW YORK, March 3, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether AppLovin and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On February 26, 2025 ...

Shares of AppLovin (APP 7.62%), the volatile adtech stock, gained today after the company upgraded its share buyback program in a filing after hours on Friday.As of 11:06 a.m. ET, the stock was up 4.8% on the news. AppLovin increases share buybacksAppLovin, whose shares have fallen roughly 35% since their post-earnings pop a few weeks ago, said that it would amend its share buyback program, which currently has $1.77 billion available for repurchase.Previously, the amount AppLovin could repurchase in a quart ...