Why Applovin Plunged in March
Shares of digital advertising up-and-comer Applovin (NASDAQ: APP) plunged 18.2% in March, according to data from S&P Global Market Intelligence.
Applovin already had a rough February, when it was hit by two short-seller reports. And while the entire technology sector had a rough March as well, Applovin had another especially bad month, as it was hit by -- you guessed it -- a third short-seller report.
On March 27, a short-selling hedge fund manager under the name Muddy Waters published a short report against Applovin.
Source Fool.com
Waters Corp. Aktie
327,90 €
-0,34 %
Mehrere Buy-Einschätzungen geben Waters Corp. den Vorteil, ohne Sell-Einschätzungen.
Ein Kursziel von 335 € für Waters Corp. impliziert ein leicht positives Wachstum gegenüber dem aktuellen Kurs von 327.9 €.
