Investing.com – Applovin shares (NASDAQ: APP) fell 18% on Monday afternoon following a Bloomberg report according to which the mobile advertising technology company is investigated by the Securities and Exchange Commission concerning its data collection practices.
According to the report, which cited people familiar with the question, the SEC examined the allegations according to which Applovin violated the service agreements of platform partners to offer more targeted advertising to consumers. The survey would be dealt with by officials of the application of the laws of the SEC allocated to cyber and emerging technologies.
The probe focuses specifically on the question of whether the company has made it possible to collect or use data in order to contradict agreements with its partners, which has potentially increased regulatory compliance problems in an increasingly examined digital advertising landscape.
The significant drop in shares highlights investor concerns concerning the potential regulatory challenges faced by the supplier of mobile advertising technologies, which has become a major player in the monetization and marketing space of the application.
Related items
Applovin Stock falls after the report of the dry probe on data practices
These shares of less than $ 10 are up 100% + this quarter – and some still have room to run
The 5 best gold extraction actions to buy now
Tim BontempsOctober 9, 2025, 11:46 a.m. ETCloseTim Bontemps is a senior NBA writer for ESPN.com who covers the league and…
Former Secretary of Housing and Urban Development Dr. Ben Carson, recently named National Nutrition Advisor at the U.S. Department of…
Federal employees and annuitants are heading into another year of sharp increases in their health insurance premiums, both under the…
A federal judge on Thursday (Oct. 9) dismissed Drake's defamation lawsuit against Universal Music Group over Kendrick Lamar's "Not Like…
10/9: CBS Morning News - CBS News Watch CBS News Israel and Hamas agree to first phase of Gaza peace…
New York Attorney General Letitia James speaks during a news conference January 8, 2025 in New York. Michael M. Santiago/Getty…