SHORTS ARE RETURNING TO APPLOVIN EVEN AFTER $3.2 BILLION SQUEEZE
https://s.yimg.com/ny/api/res/1.2/n68s4t3PY3cEYJ22tcwybA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03MzA-/https://media.zenfs.com/en/bloomberg_holding_pen_162/e36b4a36c3f07412533145de2ed243ff
✍️ Short-sellers are targeting AppLovin Corp. again, despite suffering losses of $3.2 billion in the past six months, as the company's stock has more than doubled since April.
👉 AppLovin's stock has more than doubled since April 👉 Short interest has increased to the highest level since March 👉 Analysts warn that the stock is overvalued and due for a correction 👉 The company's inclusion in the S&P 500 index has driven buying by passive mutual funds and ETFs
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