Reported AppLovin SEC Probe Wipes Out $8.65 Billion For Its Top Executives And Early Investors

Topline 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. CHONGQING, CHINA – MAY 04: In this photo illustration, the logo of AppLovin Corporation is…

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