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Why Applovin Plunged in March

TheMotleyFool 
0 0 06.04.25
Why Applovin Plunged in MarchPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png
 

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.

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Source Fool.com

Waters Corp. Stock

€356.40
-0.720%
Waters Corp. shows a slight decrease today, losing -€2.600 (-0.720%) compared to yesterday.
Waters Corp. is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
With a target price of 369 € there is a slightly positive potential of 3.54% for Waters Corp. compared to the current price of 356.4 €.
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