AppLovin shares tumble as short sellers question its centerpiece AXON ad software Short seller Fuzzy Panda alleged that the AXON model was “the nexus of a House of Cards” built on fraudulent advertising tactics.

AppLovin soars almost 30% on earnings, guidance beat After a banner year that saw AppLovin’s stock jump more than 700%, the company reported better-than-expected results for the fourth quarter.

AppLovin, top tech stock of the year, soars another 46% on earnings beat AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.