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Applovin Faces Major Decline as Short Sellers Set Their Sights on 2024's Leading Tech Stock

Applovin Faces Major Decline as Short Sellers Set Their Sights on 2024's Leading Tech Stock
5 months ago

In a noteworthy turn of events in the tech stock market, Applovin saw its shares plummet by 14%, driven predominantly by the mounting interest from short sellers. This dramatic drop not only caught the attention of investors but also raised questions about the company's future trajectory as it establishes itself as one of the top contenders in the technology sector for 2024.

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