Core Viewpoint - AppLovin Corporation is facing a class action lawsuit for allegedly misleading investors about its advertising practices and financial performance during the specified class period from May 10, 2023, to February 25, 2025 [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, alleges that AppLovin and its executives violated the Securities Exchange Act of 1934 [1]. - Investors who purchased AppLovin securities during the class period have until May 5, 2025, to seek appointment as lead plaintiff [1][5]. - The lawsuit claims that AppLovin misrepresented the effectiveness of its AXON 2.0 digital ad platform and its AI technologies, leading to inflated installation and profit figures [3][4]. Group 2: Allegations Against AppLovin - The lawsuit alleges that AppLovin engaged in manipulative practices, including exploiting advertising data from Meta Platforms and using a "backdoor installation scheme" to inflate installation numbers [3][4]. - Following the emergence of analyst reports on February 26, 2025, which detailed these manipulative practices, AppLovin's share price dropped by over 12% [4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired AppLovin securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: 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 [6]. - The firm has been recognized for its significant recoveries, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [6].

Core Viewpoint - AppLovin is facing significant scrutiny from short-selling firms regarding its advertising practices, which are alleged to violate app store rules and involve data extraction without user consent [1][3][6]. Company Performance - AppLovin's stock experienced a dramatic decline of 20% on a single day, marking its steepest drop on record, following negative reports from short-sellers [3][2]. - The stock price fell from $65.92 to close at $261.70, reflecting a 19% decrease in 2025 after a previous surge of over 700% in the prior year due to excitement around its AI technology [2][3]. Short-Selling Reports - Muddy Waters Research is the third firm to publish a report raising investor skepticism about AppLovin, claiming systematic violations of app store terms and unauthorized data extraction from major platforms [1][2]. - Previous critiques from Fuzzy Panda Research and Culper Research also targeted AppLovin's AXON software, which was linked to its earnings growth [4][6]. Churn Rate Analysis - Muddy Waters reported a churn rate of approximately 23% among e-commerce advertisers using AppLovin's services, contradicting claims from AppLovin's CEO that there has been no churn [7][8]. - The analysis involved tracking 776 advertisers and finding that many had removed AppLovin's AXON pixel from their websites, indicating a potential loss of clients [8][7]. Company Response - AppLovin's CEO defended the company's practices in a blog post, criticizing short-sellers for making misleading claims and asserting the sophistication of their AI models [5][6]. - The CEO highlighted that the timing of the short reports coincided with the company's earnings report, limiting their ability to respond immediately [6].

Core Viewpoint - AppLovin Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between May 10, 2023, and February 25, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that AppLovin's defendants misled investors regarding the company's financial growth and stability, particularly highlighting the launch of the AXON 2.0 digital ad platform and the use of advanced AI technologies [2] - Allegations include dishonest advertising practices, with reports emerging on February 26, 2025, that AppLovin was reverse engineering and exploiting advertising data from Meta Platforms [2] - Following the revelation of these practices, AppLovin's stock price dropped from $377.06 per share on February 25, 2025, to $331.00 per share on February 26, 2025 [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of AppLovin Corporation regarding a class action lawsuit due to alleged misleading statements about the company's financial growth and advertising practices [1][2]. Group 1: Allegations and Financial Impact - The class period for the lawsuit is from May 10, 2023, to February 25, 2025, during which AppLovin allegedly provided investors with misleading information about its financial stability and growth [2]. - The complaint claims that AppLovin's executives expressed confidence in the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies, while engaging in dishonest advertising practices [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price fell from $377.06 to $331.00 per share, indicating a significant loss for investors [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action lawsuit by May 5, 2025, to potentially become lead plaintiffs and to receive updates on the case [3]. - There is no cost or obligation for shareholders to participate in the lawsuit, and they will be enrolled in a portfolio monitoring system for status updates [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ:APP) securities during the period from May 10, 2023, through February 25, 2025 (“the Class Period”). Investors have until May 5, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEAR ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In AppLovin To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in AppLovin between May 10, 2023 to February 25, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Faruqi ...

PHILADELPHIA, March 26, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) on behalf of purchasers of AppLovin securities between May 10, 2023 through February 25, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired AppLovin securities during the Class Period may, no later than MAY 5, 2025, seek to be appointed as a lead plaintiff ...

Group 1: AppLovin Overview - AppLovin went public on April 15, 2021, at $80, and its stock currently trades at about $315, resulting in a significant increase in investment value [1] - In 2022, AppLovin's revenue growth stagnated, leading to a net loss due to macroeconomic challenges, despite a $1.1 billion acquisition of MoPub [2] - In 2023, AppLovin's revenue increased by 17%, returning to profitability as the digital advertising market stabilized [2] - In 2024, revenue surged by 43%, net income increased by 343%, and adjusted EBITDA rose by 81%, driven by AI-powered services [3] - Analysts project a compound annual growth rate (CAGR) of 20% for revenue and 31% for adjusted EBITDA from 2024 to 2027 [4] Group 2: Market Capitalization Projections - If AppLovin meets growth expectations, its market cap could rise by 44% to $154 billion by 2027, but could also decrease by 24% to $81 billion if it trades at a lower valuation [5] - AppLovin's current market cap is $107 billion, trading at 19 times this year's sales [4] Group 3: Baidu Overview - Baidu, with a market cap of $33 billion, faces challenges from competition and changing search behaviors, trading at 9 times forward earnings and 2 times this year's sales [6] - Baidu launched new AI models to adapt to market changes and is expanding its mobile app, which had 679 million monthly active users by the end of 2024 [7] - In 2024, Baidu's revenue dipped by 1%, but cost-cutting measures boosted EPS by 20% [8] - Analysts expect Baidu's revenue and EPS to grow at a CAGR of 4% and 2% from 2024 to 2026, with potential for further growth if AI initiatives succeed [8] Group 4: CrowdStrike Overview - CrowdStrike, a leading cybersecurity company, has a market cap of $90 billion and offers cloud-based endpoint security services [9] - From fiscal 2021 to fiscal 2025, CrowdStrike's revenue and adjusted EBITDA grew at a CAGR of 46% and 79%, respectively [10] - Analysts project a CAGR of 22% for revenue and 20% for adjusted EBITDA from fiscal 2025 to fiscal 2028, with profitability expected in fiscal 2027 and 2028 [10] - If CrowdStrike meets expectations, its market cap could increase by over 50% to $138 billion by fiscal 2028 [11]

NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AppLovin Corporation (NASDAQ: APP) between May 10, 2023 and February 25, 2025, both dates inclusive (the “Class Period”), of the important May 5, 2025 lead plaintiff deadline. SO WHAT: If you purchased AppLovin securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WH ...

Group 1: Company Performance - AppLovin (APP) closed at $346.29, reflecting a +1.93% increase from the previous day, outperforming the S&P 500's daily gain of 0.16% [1] - Over the past month, AppLovin's shares have decreased by 17.23%, underperforming the Business Services sector's loss of 3.54% and the S&P 500's loss of 3.59% [1] Group 2: Financial Forecast - AppLovin is expected to report an EPS of $1.45, representing a 116.42% increase from the same quarter last year, with a revenue forecast of $1.38 billion, indicating a 30.26% increase [2] - For the annual period, the Zacks Consensus Estimates predict earnings of $6.87 per share and revenue of $5.67 billion, reflecting increases of +51.66% and +20.44% respectively from the previous year [3] Group 3: Analyst Estimates and Ratings - Recent changes to analyst estimates for AppLovin indicate a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system currently rates AppLovin as 1 (Strong Buy), with a historical average annual return of +25% for 1 stocks since 1988 [6] Group 4: Valuation Metrics - AppLovin has a Forward P/E ratio of 49.47, which is a premium compared to its industry's Forward P/E of 21.61 [6] - The company has a PEG ratio of 2.47, while its industry average PEG ratio is 1.29 [7] Group 5: Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 58, placing it in the top 24% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]