ShortSelling

Applovin's Stock Plummets Following Muddy Waters' Short Selling Claim

17 days ago

In a dramatic turn of events, shares of Applovin, a leading mobile game and marketing platform, have taken a significant hit after the well-known short-selling firm Muddy Waters announced its stance on the company. The firm, led by Carson Block, published a scathing report questioning Applovin’s business practices and claiming that the company's stock is overvalued. This development has sent ripples through the financial markets, prompting investors to reassess their positions on Applovin.

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

2 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.

Thailand Takes Action: Short Selling and High-Speed Trading to Be Restricted Amid Market Selloff

2 months ago

In response to significant volatility in the financial markets, the Thai government has announced measures to limit short selling and high-frequency trading. This decision comes as the stock market grapples with a notable selloff, prompting regulatory bodies to intervene to stabilize the economic situation.