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AppLovin shares tumble as short sellers question its centerpiece AXON ad software

Source: cnbc.com | By Cj Haddad

Published on: 2025-07-14 05:04:29

Shares of AppLovin closed down 12% Wednesday as two short seller reports cast doubt on the integrity of the company's artificial intelligence-powered AXON advertising software that helped drive the tech giant to become the top-performing tech stock of 2024. Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics. "We believe AppLovin has pulled every trick in the book," the post stated. "We've been told they are stealing

Keywords: advertising applovin axon commerce company

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AppLovin shares tumble 16% as short sellers question its centerpiece AXON ad software

Source: cnbc.com | By Cj Haddad

Published on: 2025-07-14 14:19:34

Shares of AppLovin tumbled 16% Wednesday as two short seller reports cast doubt on the integrity of the company's artificial intelligence-powered AXON advertising software that helped drive the tech giant to become the top-performing tech stock of 2024. Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics. "We believe AppLovin has pulled every trick in the book," the post stated. "We've been told they are stealing data

Keywords: advertising applovin axon commerce data

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AppLovin shares tumble 13% as short sellers question its centerpiece AXON ad software

Source: cnbc.com | By Cj Haddad

Published on: 2025-07-15 02:58:54

Shares of AppLovin tumbled 13% Wednesday as two short-seller reports cast doubt on the integrity of the company's AI-powered AXON advertising software that helped drive the tech giant to become the top-performing tech stock of 2024. Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics. "We believe AppLovin has pulled every trick in the book," the post stated. "We've been told they are stealing data from Meta in their e

Keywords: advertising applovin axon commerce data

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