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

CNBC
Summary
Nutrition label

74% Informative

Shares of AppLovin tumbled 13% Tuesday morning as short sellers released reports targeting the tech giant.

Short sellers Fuzzy Panda and Culper Research alleged that the AXON model was "the nexus of a House of Cards " The reports come following a stellar fourth-quarter earnings beat in February .

VR Score

64

Informative language

55

Neutral language

80

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links