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Benzinga

Business

Henry Khederian

AppLovin (APP) Stock Plunges As SEC Probes Data Practices: Report

APP AppLovin SEC Google

Jakarta,-,August,15,2024:,Applovin,Corporation,Logo,Signboard.,Is,An

AppLovin Corp (NASDAQ:APP) slumped Monday afternoon after Bloomberg reported the SEC is probing the mobile ad-tech firm's data-collection practices, including possible breaches of partners' service agreements for ad targeting, according to people familiar with the matter.

APP stock is encountering selling pressure. Get the scoop here.

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