Applovin corporation (app) market value craters $20 billion on march 27 after muddy waters takes aim, class action pending – hagens berman

San francisco, april 07, 2025 (globe newswire) -- on march 27, 2025, investors in applovin (nasdaq: app) saw the price of their shares drop $65.92, wiping out about $20 billion of the company's market value, after prominent short seller muddy waters research revealed its short position in the stock. muddy waters' report comes on the heels of a recently filed securities class action lawsuit, captioned quiero v.
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