Core Viewpoint - The SEC is reportedly investigating AppLovin's data collection practices, leading to a significant drop in the company's stock price by 14% on the news, with a further decline of 1.53% in pre-market trading [1] Group 1: SEC Investigation - The investigation focuses on allegations that AppLovin violated service agreements with platform partners by improperly targeting consumers with ads [1] - AppLovin has stated that it regularly communicates with regulatory bodies and will respond appropriately to any inquiries [1] - As of now, the SEC has not formally charged AppLovin with any violations [1] Group 2: Stock Performance and Analyst Ratings - AppLovin's stock has seen an increase of over 80% year-to-date, receiving positive ratings from multiple financial institutions [1] - Oppenheimer raised AppLovin's target price significantly by $240 to $740, reaffirming its "outperform" rating, reflecting confidence in the company's non-gaming advertising business and long-term growth potential [2] - AppLovin has revised its non-gaming revenue forecast from $250 million to $312 million [2] Group 3: Short Selling Pressure - AppLovin faces pressure from several short-selling reports, with notable firms like FuzzyPanda and MuddyWaters questioning its business practices [2]
遭SEC调查 AppLovin(APP.US)闪崩后盘前延续跌势