AppLovin shares tumble 13% as short sellers question its centerpiece AXON ad software

cnbc.com/2025/02/26/applovin-shares-tumble-as-short-sellers-target-axon-ad-software.html

Shares of AppLovin tumbled 13% Wednesday as two short seller reports cast doubt on the integrity of the company's artificial intelligence-powered AXON advertising software that helped drive the tech giant to become the top-performing tech stock of 2024.
Short seller Fuzzy Panda alleged…

This story appeared on cnbc.com, 2025-02-26 17:51:06.811000.
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