Applovin Plunges 6.42% Amid Lawsuits, Market Value Loss

On April 4, 2025, Applovin's stock price dropped by 6.42% in pre-market trading.

Applovin Corporation is currently facing multiple class action lawsuits alleging securities law violations. These lawsuits seek to represent investors who purchased Applovin securities between May 10, 2023, and February 25, 2025. The legal actions are in response to significant market value losses, particularly after Muddy Waters took aim at the company on March 27, 2025, causing a $20 billion drop in market value.

Investors are encouraged to contact various law firms, including Levi & Korsinsky, DJS Law Group, Faruqi & Faruqi, LLP, and Kessler Topaz Meltzer & Check, LLP, to discuss their rights and potential involvement in the class action lawsuits. The deadline for investors to join these lawsuits is approaching, and prompt action is advised.