AppLovin shares tumbled as the Securities and Exchange Commission launched a probe into alleged data-collection violations tied to targeted ads, according to Bloomberg, erasing about $8.65 billion in wealth held by the company’s top executives and key early investors.
Read the full story on Forbes: https://www.forbes.com/sites/martinacastellanos/2025/10/06/reported-applovin-sec-probe-wipes-out-865-billion-for-its-top-executives-and-early-investors/
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