NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of AppLovin Corporation (NASDAQ:APP) and e.l.f. Beauty, Inc. (NYSE: ELF). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided. AppLovin Corporation (NASDAQ:APP) Class Period: May 10, 2023 ...

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 misled investors regarding its advertising platform and practices [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit, titled Quiero v. AppLovin Corporation, Inc., includes purchasers of AppLovin securities from May 10, 2023, to February 25, 2025, and the deadline to seek lead plaintiff status is May 5, 2025 [1][5]. - Allegations include that AppLovin falsely represented its AXON 2.0 digital ad platform and AI technologies as effective tools for matching ads to mobile games, while actually engaging in manipulative practices [3][4]. Group 2: Allegations Against AppLovin - Reports emerged on February 26, 2025, claiming that AppLovin was reverse engineering advertising data from Meta Platforms and using deceptive methods to inflate ad performance metrics, leading to a significant drop in share price by over 12% [4]. - The lawsuit claims that AppLovin's practices included forcing unwanted app installations and artificially inflating installation numbers, which misrepresented the company's financial health [3][4]. Group 3: Legal 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, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose their own legal representation, and participation as lead plaintiff does not affect the 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, making it a leader in the field [6]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [6].

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 ...

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 ...

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]

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].

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, ...

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 ...

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].

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].