AppLovin Takes Action Against Short Seller Claims, Engages Law Firm to Investigate Allegations

In a decisive move to counteract allegations levied by short sellers, AppLovin Corporation has enlisted the services of a prominent law firm to conduct an investigation into the claims made against the company. This decision comes in light of considerable scrutiny from financial analysts and market participants concerned about AppLovin's business practices and financial reporting.

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Roblox Faces Major Setback After Hindenburg Analysis; States Take Action Against TikTok

In a surprising twist in the tech world, Roblox Corporation (RBLX) experienced a steep decline in its stock prices following an analysis by Hindenburg Research. The investment research firm, known for its critical evaluations, raised concerns over Roblox’s business practices, leading to a significant market reaction. The report, which emerged on October 8, indicated that hidden risks could be damaging the gaming company's growth prospects, resulting in a drop of nearly 12% in its stock value within a single trading day. Analysts are now questioning whether Roblox can recover from this setback, considering the growing scrutiny it faces from not only investors but also regulatory entities.

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