$200B AppLovin faces data privacy probe after short-sellers allege misconduct: sources
1. AppLovin faces SEC investigation for allegedly misleading investors on data privacy. 2. State attorneys general are investigating AppLovin’s data collection practices. 3. A short seller claims AppLovin illegally tracked children and served inappropriate ads. 4. AppLovin's stock has surged 80% in 2023, recently joining the S&P 500. 5. Congress is enhancing regulations protecting children online which may affect AppLovin.