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Last month Alluring (NASDAQ: Application) Punished by investors why did not receive Follow what is actually doing. A short seller of a short deal was forced to write a scary report of a short seller that does not have a stock index inappropriate to a top stock index. In some respect, Applovin was lucky that the shareholder did not reject more deeply than the sub-11% sunk in June.
The index, for example, occurred near the top of the month. Each quarter, S & P Dow Jones indices, closely followed operator S & P 500 Index (among many) likes the index “to redistribute”, component resources are not compatible with new ones.
A few days ahead of the current balance, the companies grew up to the horta index of assumptions. AppLovin, one of these candidates, was noted by a group of analysts in the least weighted weight Bank of America.
The leading perspective was their purchase, online securities broker Roberyhood marketsHowever, this also noted the other prospects. It was Applovin among them. Alas, S & P Dow Jones indices, they played as a head felt as a head of the S & P 500 index.
The market can usually leave an event like this, it may be as disappointed as it may be first. It is tougher to ignore the highly critical and detailed analysis of a share of a share, usually broadcast by institutional short sellers. Unfortunately, this is the case of such a company in the Company for Applovin.
Firm in mid-June, SafetyA few pages of a very simple 30-page screen, which criticized Applovine’s work experience, was set up. Many charges helped the applovin’s non-Chinese operations Social Media Video app Tiktok, a service falling in the middle of the US government.
In the report, Culper, Hao Tang, Hao Tang, a shadow’s past and a person who is a “wide direct and indirect relationship” to certain dark corners of the Chinese government. This warned the “China owned” and the threat to the US National Security.
Applovin, Culper did not make any official statement regarding the research allegations. Perhaps the management will feel spareer with investors long ago.
