AppLovin surges 21.35% in four days, ranks 27th in trading volume despite securities lawsuits

On April 25, 2025, Applovin (APP) saw a trading volume of $15.80 billion, ranking 27th in the day's stock market activity. The stock rose by 3.34%, marking its fourth consecutive day of gains, with a total increase of 21.35% over the past four days.

AppLovin is currently facing multiple securities class action lawsuits. Hagens Berman is investigating alleged claims and urging investors who believe they have suffered losses to come forward. The firm is reminding investors of the upcoming May 5, 2025 deadline to request appointment as lead plaintiff in the class action lawsuit.

Levi & Korsinsky is also notifying AppLovin investors about the class action lawsuit and the upcoming deadline. The complaint alleges that throughout the class period, AppLovin made false and misleading statements about its financial growth and stability, including the launch of its AXON 2.0 digital ad platform and the use of cutting-edge AI technologies. The lawsuit claims that these statements concealed material adverse facts, such as the use of a "backdoor installation scheme" to inflate installation numbers and profitability.

Investors who purchased AppLovin securities between May 10, 2023, and February 25, 2025, may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm, a global investor rights law firm, is reminding investors of the important May 5, 2025 lead plaintiff deadline. The firm encourages investors to select qualified counsel with a track record of success in leadership roles.