Short-selling firms are targeting Applovin! Should you sell?
Recently, Capitalwatch accused Applovin of alleged 'advertising money laundering' in its latest short-selling report and strongly recommende
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Recently, Capitalwatch accused Applovin of alleged 'advertising money laundering' in its latest short-selling report and strongly recommended selling. This short-selling has drawn significant market attention, and the accusations may trigger a regulatory storm. Affected by this, Applovin's US stock price dropped more than 10% at one point during pre-market trading on January 20th, eventually narrowing the loss to around 0.5%. Do you think these accusations will be substantiated? Would you choose to follow the trend and sell?
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Short-selling firms are targeting Applovin! Should you sell?
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