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. Aktie
254,00 €
1,27 %
Die Community zeigt leichtes Interesse an Waters Corp. mit mehr Buy- als Sell-Einschätzungen.
Dadurch ergibt sich bei einem Kursziel von 378 € ein positives Potenzial von 48.82% im Vergleich zum aktuellen Kurs von 254.0 € bei Waters Corp..
