AppLovin stock tanks on report SEC is investigating company over data-collection practices
The AppLovin logo arranged on a smartphone in New York, US, on Wednesday, Feb. 26, 2025.AppLovin shares plummeted on Monday after Bloomberg reported that the SEC has been probing the mobile advertising company over its data-collection practices. The agency has been looking into whether the company violated agreements on pushing targeted ads to consumers, Bloomberg reported, citing people familiar with the matter. The report said that the SEC is responding to a whistleblower complained filed this year along ...