Applovin Stock Plummets 5.55% Third Day in a Row, Trading Volume Ranks 30th
1min read On April 14, 2025, Applovin (APP) experienced a significant decline, with its stock price dropping by 5.55%, marking the third consecutive day of losses. The company's trading volume reached $18.02 billion, placing it at the 30th position in the day's stock market rankings.
On March 27, 2025, AppLovin's market value plummeted by $20 billion following a report by Muddy Waters. This dramatic drop was attributed to concerns raised by the investment research firm, which highlighted potential issues within the company's business model and financial health. The report sparked a wave of selling among investors, leading to a substantial decrease in the company's stock price.
The decline in Applovin's stock price can be attributed to the negative sentiment generated by the Muddy Waters report. The report's allegations of financial irregularities and questionable business practices have eroded investor confidence, leading to a sell-off of the company's shares. This has resulted in a significant loss of market value for Applovin, which has been struggling to regain investor trust.
