
AppLovin Corp (NASDAQ:APP) shares are trading higher on Tuesday, bouncing back from a steep sell-off on Monday following reports of an SEC investigation into the company’s data-collection practices.
What To Know: AppLovin shares tumbled 14% in Monday trading after Bloomberg reported the U.S. Securities and Exchange Commission (SEC) has been reviewing claims that the company breached service agreements with platform partners by using data for more aggressive ad targeting.