AppLovin short-seller urges exclusion of the stock from S&P 500 index
1. Fuzzy Panda's report alleges AppLovin violates app store policies and promotes fraud. 2. AppLovin's shares soared over 700% in 2024, raising S&P 500 inclusion hopes. 3. The next S&P 500 rebalancing is due in March, impacting investor sentiment. 4. CEO Adam Foroughi refuted allegations, claiming they are aimed at manipulating the stock. 5. Analysts largely support AppLovin, indicating recent criticisms lack merit.