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
€298.10
-0.860%
Our community is currently high on Waters Corp. with 8 Buy predictions and 3 Sell predictions.
With a target price of 378 € there is a positive potential of 26.8% for Waters Corp. compared to the current price of 298.1 €.
