Why AppLovin Stock Tumbled by 14% Today

Key Points A media report stated the company is being probed by the SEC. The securities regulator was apparently responding to a whistleblower complaint and several short-seller reports. 10 stocks we like better than AppLovin › AppLovin (NASDAQ: APP) stock took quite a fall in late-session action on the market Monday. Investors were clearly spooked by a media report that a top regulator was looking into certain business practices of the mobile marketing specialist. That sudden slide saw the company' ...