Core Points - AppLovin Corp shares are experiencing a significant decline, with a drop of 14.03% on Monday and a further decrease of 2.29% in after-hours trading [1][2] - The Securities and Exchange Commission (SEC) is investigating AppLovin's data-collection practices, particularly regarding potential violations of service agreements related to ad targeting [2][3] - The investigation is prompted by a whistleblower complaint and reports from short-sellers alleging unauthorized user tracking practices [3][4] Market Performance - Over the past year, AppLovin's stock has increased by 319.44%, reaching a peak of $718.54 on September 30, which is 18.31% higher than the recent closing price of $587.00 [5] - Current stock rankings indicate that AppLovin has a Value in the 4th percentile according to Benzinga's Edge Stock Rankings [5]
What's going On With AppLovin Shares After Hours? - AppLovin (NASDAQ:APP), Apple (NASDAQ:AAPL)