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We're tracking shares of AppLovin here today, recovering after notching losses of about 20% during Thursday's trade. That record one-day drop that came after Muddy Waters became the latest short seller this year to issue a report on the tech stock. In its report, Muddy Waters alleged AppLovin is misrepresenting its data. AppLovin denied the accusations. Shares pre-markets, uh they're moving higher but they're, they're bouncing off of essentially yesterday's activity. Um and ultimately, if we can kind of put this in a two-day context for our viewers and where AppLovin ultimately moved on yesterday's, uh move, there's the past five days. And you can see the severity of the drop, uh, coming during Thursday's session. One of the major things because there were a lot of fighting words within this here, uh, one of the things that I highlighted that they said was AppLovin is unique for its audacity, not for its technology. They noticed some similarities to another, um, platform player that essentially got de-platformed Cheetah Mobile, um, and talked about some of the practices that AppLovin has in place that could, could potentially have them, uh, kind of raising some red flags on the platforms that they do operate on for some of these same de-plat, de-platforming that could come AppLovin's way and, uh, tarnish their business to a detrimental level for investors.

Well, it it's still a top pick over at Loop Capital. The analyst over there, Rob Sanderson, saying they are aggressive buyers of any weakness with a significant expansion cycle underway for the stock. They've got unmatched access to data. They deliver excellent performance and drive meaningful revenue momentum. So they are extremely bullish on the stock, uh, and talking about customer testimony as part of that as well.

It's just a matter of if it's in compliance.