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Firms Fuzzy Panda Research and Culper Research have taken a short-selling stance against Applovin (APP) while alleging that the mobile app designer "force feeds" other mobile app downloads onto a user's device.
Applovin CEO Adam Foroughi responded to Yahoo Finance inquiries, stating: "We do not track children's data. Our terms and policies explicitly prohibit apps exclusively designed for and or exclusively directed to children."
Wedbush Securities managing director of equity research Michael Pachter explains what actually Applovin and where it fits into the advertising landscape for mobile games. Also catch Michael Pachter directly react to the short-selling reports, calling them "extraordinarily poorly reasoned."
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This post was written by Luke Carberry Mogan.