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 ...

Core Viewpoint - A securities class action lawsuit has been filed against AppLovin Corporation for alleged manipulative practices and exploitation of advertising data, leading to a significant decline in stock price [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of purchasers of AppLovin securities from May 10, 2023, to February 25, 2025 [1]. - Investors have until May 5, 2025, to seek appointment as lead plaintiff [2]. Group 2: Allegations Against AppLovin - Analysts have accused AppLovin of reverse-engineering advertising data from Meta Platforms and inflating ad click-through and app download rates [3]. - The reports suggest that AppLovin presented false installation numbers and profits through these practices [3]. Group 3: Stock Price Impact - Following the allegations, AppLovin's stock price fell from $377.06 on February 25, 2025, to $331.00 on February 26, 2025, marking a decline of $46.06 per share, or 12% [4].

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]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased AppLovin Corporation securities between May 10, 2023, and February 25, 2025, of the May 5, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by May 5, 2025, to serve as lead plaintiff [2] - Investors can join the class action by visiting the provided link or contacting the law firm directly [6] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Allegations - The lawsuit alleges that defendants provided misleading information regarding AppLovin's financial growth and stability, including confidence in its AXON 2.0 digital ad platform [4] - Defendants reportedly disseminated materially false statements while concealing adverse facts, such as the use of a "backdoor installation scheme" that inflated installation numbers and profitability [5]

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]

NEW YORK, March 25, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of AppLovin investors who were adversely affected by alleged securities fraud between May 10, 2023 and February 25, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/applovin-corporation-lawsuit ...

AppLovin Corp. APP shares are higher on Tuesday. The stock has gained more than $100 in just three weeks. There is a good chance this uptrend stays intact.The shares have just broken out and may be about to refill a gap. This is why it is our Stock of the Day.Resistance is a price or zone where there is a significant amount of sell interest.If a stock is trending higher, it's because there aren't enough sell orders to fill all the buy orders. Those who wish to buy are forced to outbid each other. This pushe ...

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