AppLovin Stock Plummets 9.78% with 23.19 Billion Shares Traded Ranking 36th in Market

On April 3, 2025, Applovin (APP) experienced a significant decline, with its stock price dropping by 9.78%. The trading volume for the day was 23.19 billion, ranking it 36th in the market.

On March 27, 2025, the market value of AppLovin Corporation (APP) plummeted by $20 billion following a critical report by Muddy Waters. This report led to a class action lawsuit, which is currently pending. The lawsuit aims to represent investors who purchased AppLovin securities between May 10, 2023, and February 25, 2025.

Investors in AppLovin saw the price of their shares drop by $65.92 on March 27, 2025, resulting in a substantial loss of market value. This event has prompted several law firms to notify shareholders of the class action lawsuit and upcoming deadlines. Investors who lost money on AppLovin Corporation (APP) are encouraged to contact legal firms to discuss their options and potential participation in the lawsuit.