AppLovin stock price today: APP steadies after money-laundering short report as earnings loom
AppLovin shares rose 0.6% to $524.91 Friday morning after a short-seller accused the company of money laundering and fraudulent app installs. The company denied the allegations, calling them false and misleading. Pomerantz LLP said it is investigating potential investor claims. Investors await AppLovin’s Feb. 11 earnings for further clarity.