AppLovin Stock Falls Monday: What's Driving The Weakness?

AppLovin stock is among today’s weakest performers. Why are APP shares down?SEC Investigation Remains Publicly UnresolvedThe SEC on Friday told Bloomberg in a letter that an investigation involving AppLovin remains "active and ongoing" and that releasing internal correspondence could harm enforcement work by tipping off potential targets or revealing cooperating witnesses. The regulator has not accused the company or its executives of wrongdoing but is examining its data-collection practices and whether it ...