APP Rallies Despite Short Report & APP Options Trade
Schwab Network · Schwab Network
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Show Notes
Short-seller Muddy Water Research takes aim at AppLovin (APP). It argues the software advertising company saw more than half of its e-commerce conversation from retargeting and violated terms of service on major digital ad platforms. As Caroline Woods points out, the stock still rallied today after Thursday's deep selling action. She scans through the short report and talks about the claims in-depth. Dan Deming turns to an example options trade in AppLovin.
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