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. Stock
€327.90
-0.340%
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Waters Corp..
As a result the target price of 335 € shows a slightly positive potential of 2.17% compared to the current price of 327.9 € for Waters Corp..
