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AppLovin Corp. Retains Quinn Emanuel Firm to Investigate Recent Short Report Activity

1. AppLovin engages Quinn Emanuel for independent investigation into recent short reports. 2. This move aims to address concerns regarding the company's market activities.

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FAQ

Why Neutral?

The engagement of a prominent legal firm indicates proactive measures, but uncertainties persist regarding outcomes.

How important is it?

Active investigations can significantly influence investor confidence, leading to potential price fluctuations.

Why Short Term?

Short-term volatility may occur due to investor sentiment and responses to ongoing investigations.

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PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) today announced that it has retained Alex Spiro, partner and Co-Chair of the Investigations, Government Enforcement & White Collar Defense Practice at Quinn Emanuel Urquhart & Sullivan, a nationally recognized legal firm with deep expertise in securities and corporate investigations, to conduct an independent review and investigation into recent short report activity targeting the Compa.

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