Workflow
Applovin(APP)
icon
Search documents
AppLovin Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before May 5, 2025 to Discuss Your Rights - APP
Prnewswire· 2025-03-20 09:45
NEW YORK, March 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AppLovin Corporation (NASDAQ: APP).Shareholders who purchased shares of APP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/applovin-corporation-loss-submission-form/?id=137091&from=4 CLASS PERIOD: May 10, 202 ...
Is Applovin Stock a Buy Now?
The Motley Fool· 2025-03-19 11:30
Applovin (APP -9.08%) has left shareholders head over heels with an enchanting 379% return over the past year. The advertising technology (adtech) giant has emerged as a fantastic growth story, capturing strong demand for its suite of mobile marketing solutions powered by artificial intelligence (AI).Yet despite some very impressive financial trends, the stock has been volatile at the start of 2025, down about 23% in the past month. Is the market's romance with Applovin a fleeting affair, or is this dip an ...
APP Stock Drops 38% in a Month: A Buy-the-Dip Opportunity?
ZACKS· 2025-03-18 18:25
Core Viewpoint - AppLovin Corporation (APP) has experienced a significant stock increase of over 700% in 2024, driven by strong earnings and revenue growth, but faced recent pressure from short-seller allegations of misleading advertising practices, which the CEO has denied [1][12] Financial Performance - In Q4 2024, AppLovin's revenues increased by 44% year-over-year and 14% sequentially, with adjusted EBITDA rising by 78% year-over-year and 17.5% sequentially, indicating improved operational efficiency [7] - For the full year 2024, revenues climbed 43% year-over-year, while adjusted EBITDA surged 81%, showcasing the company's ability to capitalize on market opportunities [8] - The company has guided for $1.4 billion in sales for Q1 2025, slightly above the Zacks Consensus Estimate of $1.37 billion, with a history of beating earnings expectations [8] Analyst Projections - The Zacks Consensus Estimate for Q1 2025 earnings is projected at $1.45 per share, reflecting a 116.4% year-over-year increase, with expected earnings growth of 51.7% and 37.1% for 2025 and 2026, respectively [9] - Over the past 60 days, there have been multiple upward revisions in earnings estimates for Q1 2025 and for 2025 overall, indicating strong analyst confidence in AppLovin's growth potential [10] Strategic Shift - AppLovin is transitioning into a pure-play advertising platform, focusing on high-growth, high-margin segments, exemplified by the $900 million sale of its gaming unit to Tripledot Studios, allowing for a concentrated effort on ad technology [6] - The company aims to serve the global digital advertising market, which includes over 10 million businesses, by investing in automation and developing advanced tools to enhance customer efficiency and maximize ad performance [6] Competitive Landscape - Competitors in the in-game mobile advertising space, such as Alphabet Inc. (GOOGL) and Meta Platforms (META), have also seen declines of 11% and 14% respectively in the past month, suggesting that AppLovin's recent stock performance may be part of a broader industry trend [4]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in AppLovin Corporation of Class Action Lawsuit and Upcoming Deadlines - APP
Prnewswire· 2025-03-17 17:41
Core Viewpoint - A class action lawsuit has been filed against AppLovin Corporation, alleging securities fraud and unlawful business practices [2][3]. Group 1: Lawsuit Details - The lawsuit involves allegations that AppLovin and certain officers/directors engaged in securities fraud [2]. - Investors have until May 5, 2025, to request to be appointed as Lead Plaintiff if they purchased AppLovin securities during the Class Period [3]. - Reports from Fuzzy Panda Research and Culper Research claim that AppLovin exploits app permissions for unauthorized app installations and steals data from Meta [3]. Group 2: Stock Price Impact - Following the publication of the allegations, AppLovin's stock price dropped by $46.06 per share, or 12.2%, closing at $331.00 on February 26, 2025 [3]. Group 3: Law Firm Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for class members [4].
AppLovin Taps Into Retail Ad Market, But Growth Hinges On Big-Brand Adoption: Analyst
Benzinga· 2025-03-17 17:40
Needham analyst Bernie McTernan reiterated a Hold rating on the shares of AppLovin Corp APP.The analyst has introduced initial APP Ecommerce Tracker to assess APP’s expansion beyond mobile gaming ads into industries like ecommerce.After reviewing over 2,200 ecommerce sites, the analyst found 297 working with APP, which represents about 50% of the 600 brands APP reported in December.The most common industries include health & personal care, apparel, and furniture. Notable advertisers include W, Marine Layer, ...
AppLovin Corporation (APP) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-03-17 16:00
LOS ANGELES, March 17, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN APPLOVIN CORPORATION (APP), CLICK HERE BEFORE MAY 5, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.What Is The Lawsuit About? The complaint filed alleges that, betwe ...
APP Shareholders Have the Right to Lead the AppLovin Corporation Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - APP
Prnewswire· 2025-03-17 10:00
Core Viewpoint - A class action lawsuit has been filed against AppLovin Corporation for alleged violations of federal securities laws, specifically regarding misleading financial statements and dishonest advertising practices [1][2]. Group 1: Lawsuit Details - The lawsuit claims that AppLovin made false statements about its financial results, which were allegedly based on dishonest advertising practices [2]. - The company is accused of using a "backdoor installation scheme" to force unwanted apps on customers, leading to artificially inflated installation numbers [2]. Group 2: Investor Information - Shareholders who purchased AppLovin's securities between May 10, 2023, and February 25, 2025, are encouraged to contact the DJS Law Group before May 5, 2025, to participate in the lawsuit [1]. - The DJS Law Group specializes in securities class actions and aims to enhance investor returns through advocacy [3].
Lost Money on AppLovin Corporation(APP)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-03-17 09:45
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]. Summary by Sections Allegations - The complaint alleges that AppLovin's management provided investors with misleading information about the company's financial stability and growth, particularly regarding the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies [2]. - It is claimed that AppLovin engaged in dishonest advertising practices, including reverse engineering and exploiting advertising data from Meta Platforms, and manipulating ad click-through and app download rates [2]. Stock Price Impact - Following the revelation of these practices on February 26, 2025, AppLovin's stock price fell from $377.06 per share to $331.00 per share, indicating a significant loss in market value [2]. Class Action Details - The class period for the lawsuit is defined as May 10, 2023, to February 25, 2025, with a deadline for shareholders to register for the class action set for May 5, 2025 [3]. - Shareholders who register will receive updates on the case and can participate without any cost or obligation [3]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements or omissions [4].
APP INVESTOR DEADLINE: AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-03-15 14:00
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: Allegations and Impact - The lawsuit claims that AppLovin misrepresented the effectiveness of its AXON 2.0 digital ad platform and AI technologies, suggesting they would enhance ad matching and expand into new markets, while in reality, the company was engaging in deceptive practices [3][4]. - Specific allegations include the exploitation of advertising data from Meta Platforms and the use of manipulative tactics to inflate app installation numbers and profit figures, such as forced app installations [3][4]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price dropped by over 12%, indicating a significant market reaction to the news [4]. Group 2: Legal Process and Representation - Investors who purchased AppLovin securities during the class period have until May 5, 2025, to apply for lead plaintiff status in the lawsuit, which allows them to represent the interests of all affected investors [1][5]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and can choose their legal representation [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud litigation, having secured over $6.6 billion for investors in class action cases [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in six out of the last ten years [6].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of AppLovin
Newsfilter· 2025-03-15 11:13
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against AppLovin Corporation for alleged violations of federal securities laws, encouraging affected investors to come forward before the May 5, 2025 deadline for lead plaintiff applications [1][3]. Group 1: Allegations Against AppLovin - The complaint alleges that AppLovin and its executives made false and misleading statements regarding the company's financial growth and stability, particularly concerning the launch of its AXON 2.0 digital ad platform and the use of AI technologies [3]. - Defendants reportedly provided optimistic financial results and guidance while engaging in dishonest advertising practices [3]. - The truth about AppLovin's practices emerged on February 26, 2025, when reports indicated that the company was reverse engineering advertising data from Meta Platforms and using manipulative tactics to inflate ad performance metrics [4]. Group 2: Stock Price Impact - Following the revelation of these practices, AppLovin's stock price fell from $377.06 per share on February 25, 2025, to $331.00 per share on February 26, 2025, reflecting a significant decline in investor confidence [5]. Group 3: Legal Proceedings - The lead plaintiff in the class action lawsuit will be the investor with the largest financial interest who is also representative of the class members, with the option for any class member to apply for this role [6]. - Faruqi & Faruqi encourages anyone with information regarding AppLovin's conduct, including whistleblowers and former employees, to reach out to the firm [7].