需要注意的是，这次调查的缘起还包括多份做空机构的报告，以及一项举报者的投诉。这些机构指出， Applovin可能在未经许可的情况下，利用其他公司专有的标识进行广告定向推送。尽管公司发言人表 示，他们与监管部门的沟通是常规程序，任何重大进展都会通过公开渠道披露，但这并未能平息市场的 疑虑。 Applovin的股价在今年表现强劲，年初至今上涨了约80%，并且最近被纳入标普500指数。然而，随着 调查的进行，其股价可能会面临再评估的风险。潜在的处罚可能影响广告投放的精准度和投资回报率， 对与大平台的合作关系也可能带来负面影响，进而影响到公司的未来增长势头。 在这样的背景下，投资者应如何应对这种不确定性呢？专家建议，短期内保持谨慎态度，密切关注公司 与监管机构的沟通进展。从长远看，尽管Applovin面临挑战，但如果能够有效解决当前的监管问题，其 先进的广告技术仍具备较强的市场竞争力。因此，对于风险承受能力较强的投资者，或许可以将目光放 长远，关注其后续的业务发展和市场表现。 来源：市场资讯 （来源：美股情报站） 在市场动荡的背景下，10月6日，Applovin经历了一场剧烈的股价调整，连续四天的跌势累计达 18.3 ...

Core Viewpoint - AppLovin Corp. is experiencing a significant shift in investor sentiment following a 700% stock surge, with major investment banks downgrading their price targets due to critical reports from short-selling firms [1][2]. Group 1: Stock Performance and Analyst Revisions - AppLovin's stock price target was reduced by Goldman Sachs from $500.00 to $335.00, and UBS Group lowered its target from $630.00 to $450.00 [2]. - The downward revisions in stock expectations are attributed to multiple critical reports from short sellers [3]. Group 2: Legal Challenges - AppLovin is facing a securities class action lawsuit alleging misleading statements regarding its AXON 2.0 digital ad platform and AI technologies [4]. - The lawsuit claims that AppLovin misrepresented its technology's capabilities and engaged in manipulative practices, including exploiting advertising data from Meta Platforms [4][5]. Group 3: Short Seller Allegations - Muddy Waters Research accused AppLovin of violating app store rules by extracting proprietary IDs without user consent and claimed a high churn rate among e-commerce advertisers [3]. - Other firms, such as Fuzzy Panda Research and Culper Research, have also criticized AppLovin's practices, suggesting data theft and revenue fraud [4]. Group 4: Impact of Reports on Stock Price - Following the release of critical reports on February 26, 2025, AppLovin's share price reportedly fell by more than 12% [5].

Core Viewpoint - AppLovin Corp. is experiencing a significant shift in investor sentiment following a 700% stock surge, with major investment banks downgrading their price targets due to critical reports from short-selling firms [1][2] Group 1: Stock Performance and Analyst Downgrades - AppLovin's stock price target was reduced by Goldman Sachs from $500.00 to $335.00, and UBS Group lowered its target from $630.00 to $450.00 [2] - The downgrades are a response to multiple negative reports from short sellers, indicating a loss of confidence in the company's future performance [2][3] Group 2: Legal Challenges - AppLovin is facing a securities class action lawsuit alleging misleading statements regarding its AXON 2.0 digital ad platform and AI technologies [4] - The lawsuit claims that AppLovin misrepresented its technology's capabilities and engaged in manipulative practices, including exploiting advertising data from Meta Platforms [4][5] Group 3: Short Seller Allegations - Muddy Waters Research accused AppLovin of violating app store rules by extracting proprietary IDs without user consent and claimed a high churn rate among e-commerce advertisers [3] - Previous reports from Fuzzy Panda Research and Culper Research also criticized AppLovin for alleged data theft and revenue fraud [4] - Following the release of these reports, AppLovin's share price reportedly fell by over 12% [5]