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AppLovin $APP shares are under pressure on Thursday after being targeted by a short report from The Bear Cave. Here’s a look at what you need to know. What Happened: Short seller The Bear Cave released a new research report on Thursday alleging ad fraud at AppLovin. “The Bear…
Problems at AppLovin $APP I believe AppLovin's rise is fueled by low-quality revenue growth. The Bear Cave's investigation also explores allegations of potential ad fraud within AppLovin. At 35x revenue and up ~700% over the last year, this one has much room to fall. https://t.co/Coakccoeuj
$APP | AppLovin mentioned cautiously at Bear Cave "AppLovin (APP — $166 billion) is an advertising network that helps large mobile games acquire new users and monetize their existing ones. Every day, over one billion players interact with AppLovin by viewing ads in mobile games,… https://t.co/9Zl9uvX4xU
AppLovin Corp. ($APP) shares fell 11% following a report from short seller The Bear Cave, which raised concerns about the company's revenue growth. The report claims that AppLovin's rapid increase of approximately 750% over the past year, leading to a valuation of around 35 times revenue, is driven by 'low-quality' revenue from potentially deceptive advertising practices. The Bear Cave's investigation also suggests possible ad fraud within the company. AppLovin, valued at $166 billion, operates an advertising network that connects mobile games with users, facilitating user acquisition and monetization. The report has intensified scrutiny around AppLovin as it faces challenges in maintaining its financial integrity amidst allegations of ad fraud.
