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Did you buy APP securities between February 12, 2026 and August 5, 2026?

Affected APP Investor Summary

Who: AppLovin Corporation (NASDAQ: APP)What: Securities fraud class action lawsuit filedClass Period: February 12, 2026 through August 5, 2026Deadline to Seek Lead Plaintiff Status: November 16, 2026Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s projected revenue growth from its AI products and self-service applicationInvestor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Oct. 24, 2026 (GLOBE NEWSWIRE) -- – Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AppLovin Corporation (AppLovin) (NASDAQ: APP) on behalf of those who purchased or acquired AppLovin securities between February 12, 2026 and August 5, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Talbot v. AppLovin Corporation, No. 3: 26-cv-10584 (N.D. Cal.).   Investors have until November 16, 2026, to file for lead plaintiff status.  

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired AppLovin securities and have lost money on your investment, please provide your information here: https://www.ktmc.com/app-applovin-corporation-class-action-lawsuit?utm_source=Globe&utm_medium=pressrelease&utm_campaign=app&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.

To view the AppLovin video on YouTube, click here:
https://youtu.be/Q0nWTDJTg1M?si=h71prPjHwSvP0jEK

APPLOVIN CORPORATION CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) the generative AI video creative feature for the company’s AppLovin Ads platform was subject to significant development delays, making its release on AppLovin’s timeline unlikely; (2) AppLovin overstated the rate of its improvements to its AI models, in turn causing the benefits and reliability of its value proposition of its AI models to be unreliable; and (3) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did AppLovin’s Stock Drop?
On July 13, 2026, a Bank of America Securities analyst published a note stating that "AppLovin's eCommerce footprint expanded at a slower pace in June" and "[w]eekly data has not shown a clear uptick since AppLovin [Ads] opened to all eComm advertisers on 6/22, suggesting a muted GA start." Accordingly, Bank of America Securities lowered its estimate for AppLovin's annual revenue. On this news, AppLovin's stock price dropped $64.13 per share, or 12.6%, from a closing price of $506.80 per share on July 10, 2026, to close at $442.85 per share on July 13, 2026.

Then, on August 5, 2026, AppLovin reported its financial results for the quarter and revealed, among other things, revenue below consensus estimates. AppLovin attributed the poor results, in part, to delays in the roll out of AppLovin Ads' generative AI video creation tool, which led to lower-than-expected AppLovin Ads revenue and hampered AppLovin's AI "model performance[.]" On this news, AppLovin's stock price dropped $82.13 per share, or 19.6%, from a closing price of $417.80 per share on August 5, 2026, to close at $335.67 per share on August 6, 2026.

WHAT APPLOVIN CORPORATION INVESTORS CAN DO NOW:

File to be lead plaintiff by November 16, 2026.Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.Retain counsel of choice or take no action. THE LEAD PLAINTIFF PROCESS FOR APPLOVIN CORPORATION INVESTORS:
AppLovin investors may, no later than November 16, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages AppLovin investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:

Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

        May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

New York, New York--(Newsfile Corp. - October 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AppLovin Corporation (NASDAQ: APP) between February 12, 2026 and August 5, 2026, inclusive (the "Class Period"), of the important November 16, 2026 lead plaintiff deadline. SO WHAT: If you purchased AppLovin securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

LOS ANGELES, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AppLovin Corporation (“AppLovin” or “the Company”) (NASDAQ: APP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of APP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: February 12, 2026 to August 5, 2026

DEADLINE: November 16, 2026

If you are a shareholder who suffered a loss, click here to participate.

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. AppLovin’s generative AI video tool for its AppLovin Ads platform suffered from significant delays. The Company overstated improvements to its AI models. The Company exaggerated the benefits of the “virtuous cycle” it claimed its AI provided to both customers and itself. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about AppLovin, investors suffered damages.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

 Schall, Brown & Schwartz LLP

New class action for AppLovin (APP) urges investors to seek recovery for alleged securities fraud violations – lead plaintiff deadline of 11/16/2026

NEW YORK, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) on behalf of investors that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

If you are an investor in AppLovin and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 16, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that “(i) the generative AI video creative feature for the Company’s AppLovin Ads platform was subject to significant development delays, making its release on the Company’s timeline unlikely,” and “(ii) Defendants overstated the constancy with which AppLovin was improving its AI models.”

According to the complaint, the truth began to emerge on July 13, 2026, when a Bank of America Securities analyst published a note raising concerns over the rollout of AppLovin Ads to all advertisers. Following publication of the note, AppLovin’s stock price fell $64.13 per share, or 12.65%, on July 13, 2026. Then, on August 5, 2026, according to the complaint, AppLovin reported revenue below consensus estimates and also revealed that its generative AI video tool was “still [a] work in progress.” On this news, AppLovin’s stock price fell $82.13 per share, or 19.66%, on August 6, 2026.

CLICK HERE TO LEARN MORE

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/applovin-nasdaq-app-class-action-lawsuit-learn-more-now/

San Francisco, California--(Newsfile Corp. - October 22, 2026) - AppLovin Corporation (NASDAQ: APP) faces a securities class action seeking to represent investors who purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026.

The suit follows the publication of a concerning analyst report on July 13, 2026 and the company's August 5, 2026 Q2 2026 financial results, each of which drove the price of AppLovin shares sharply lower.

The developments have prompted national shareholders rights firm Hagens Berman to open an investigation into claims that AppLovin violated the securities laws and urge AppLovin investors who suffered substantial losses to submit your losses now.

Class Period: Feb. 12, 2026 - Aug. 5, 2026
Lead Plaintiff Deadline: Nov. 16, 2026
Visit: www.hbsslaw.com/app
Direct Contact Email: [email protected]
Firm Telephone: 844-916-0895
Video: https://youtu.be/c5nqdaiWyls

AppLovin Corporation (APP) Securities Class Action:

AppLovin provides end-to-end AI-powered advertising solutions for businesses to reach, monetize, and grow their global audience.

To investors, "uplift" is possibly the most critical driver of the company's revenue growth. The company improves its AI model to increase uplift, better matching the exact right ad to the exact right user at the exact right millisecond. In turn, this uplifts advertisers' return on ad spend, increases their advertising budgets, and (for AppLovin) accelerates high-margin revenue.

The lawsuit is focused on the propriety of AppLovin's statements about model improvements and uplift.

Most recently, several weeks into AppLovin's Q2, during its May 6, 2026 Q1 2026 earnings call, management left investors with high expectations for uplift and revenue growth.

CEO Adam Foroughi said that the most important milestone investors should focus on was the company's "improving the underlying model." He emphasized that "[l]ast quarter earnings, I mentioned we just had one new model that had just created an uplift[]" and "[t]he one we had a couple of weeks ago was quite substantial." He also explained, "that's why I highlighted […] that we saw a big acceleration going exiting the quarter[,]" and "then, April Q2, bigger than any quarter that we had[.]"

Investors' expectations began to unravel on July 13, 2026, when a prominent analyst published a report highlighting a lack of immediate advertiser influx following the general availability launch of AppLovin's advertising tools. In response, the price of AppLovin shares tumbled $64.13 (-12.6%).

Then, on August 5, 2026, the company reported its Q2 2026 revenue that was below midpoint. In apparent contrast to the "big acceleration," management said "[o]ur pace of meaningful model improvement was lighter than normal during the quarter[]" and "we didn't get the same level of model uplift we've seen in recent quarters[.]" This news drove the price of AppLovin shares crashing another $82.13 (-19.6%).

Between the two drops, the company lost over $44 billion of its market capitalization.

"We're focused on when during Q2 AppLovin first knew that the uplift and revenue acceleration investors had come to expect wasn't happening," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in AppLovin and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

Whistleblowers: Persons with non-public information regarding AppLovin should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

# # #

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320482

Source: Hagens Berman Sobol Shapiro LLP

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NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) of the November 16, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.

Should You Join The AppLovin Class Action Lawsuit:

Do you, or did you, own shares of AppLovin Corporation (NASDAQ: APP)?Did you purchase your shares between February 12, 2026 and August 5, 2026, inclusive?Did you lose money in your investment in AppLovin Corporation? What To Do Next:

Investors are encouraged to act promptly and submit a form at AppLovin Corporation Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].

If you wish to serve as lead plaintiff for the Class, you must file papers by November 16, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About The Lawsuit:

A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of AppLovin between February 12, 2026 and August 5, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.

The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, AppLovin securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.

About Bernstein Liebhard:

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.

ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
[email protected]

NEW YORK, Oct. 22, 2026 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-10584, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

Diversify Advisory Services LLC raised its holdings in AppLovin Corporation (NASDAQ:APP – Free Report) by 39.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,381 shares of the company’s stock after purchasing an additional 6,674 shares during the quarter. Diversify Advisory Services LLC’s holdings in AppLovin were worth $6,791,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of APP. State Street Corp grew its holdings in shares of AppLovin by 28.3% during the second quarter. State Street Corp now owns 15,095,667 shares of the company’s stock worth $7,777,741,000 after purchasing an additional 3,328,338 shares during the last quarter. WCM Investment Management LLC increased its stake in shares of AppLovin by 5.2% in the first quarter. WCM Investment Management LLC now owns 5,001,600 shares of the company’s stock valued at $1,860,995,000 after buying an additional 245,290 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of AppLovin by 7.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,735,471 shares of the company’s stock valued at $894,167,000 after buying an additional 121,605 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of AppLovin in the second quarter valued at about $730,015,000. Finally, Amundi raised its holdings in shares of AppLovin by 19.5% in the second quarter. Amundi now owns 1,332,633 shares of the company’s stock valued at $686,612,000 after buying an additional 217,214 shares during the last quarter. Institutional investors own 41.85% of the company’s stock.

Key Headlines Impacting AppLovin Here are the key news stories impacting AppLovin this week:

Positive Sentiment: Some analysts view the decline as a buying opportunity. Recent commentary describes AppLovin as undervalued around current levels and highlights its AI-powered advertising platform, strong revenue growth, high net margins and potential for continued earnings expansion. AppLovin Corporation Stock Has Fallen Too Far Positive Sentiment: AppLovin’s upcoming third-quarter results are expected to show solid bottom-line growth. Its most recent quarter produced $1.92 billion in revenue, up 52.8% year over year, while earnings per share matched expectations at $3.76. Comparisons with Pinterest and Snap also emphasize AppLovin’s superior profitability and growth profile. What to Expect From AppLovin’s Q3 2026 Earnings Report Neutral Sentiment: Multiple law firms reminded investors of a November 16 lead-plaintiff deadline for a securities class action covering purchases from February 12 through August 5, 2026. The announcements mainly repeat existing litigation news and do not represent a court finding that AppLovin committed wrongdoing. Rosen AppLovin Securities Class Action Deadline Negative Sentiment: The litigation alleges that AppLovin overstated the consistency of improvements to its AI models and the readiness of its generative-AI video creative tool. The case follows sharp share declines after a July analyst report and the company’s August 5 results, increasing reputational and legal-risk overhang. AppLovin Securities Fraud Class Action Negative Sentiment: Analyst skepticism remains a major pressure point: Piper Sandler and Wells Fargo previously cut their price targets sharply after the second-quarter report, and Citigroup has also reduced its target. Concerns center on slower advertising growth, execution against AI-product expectations and whether elevated valuation assumptions remain justified. AppLovin Stock Sell or Buy Analysis AppLovin Stock Down 1.7% Shares of APP opened at $267.90 on Thursday. The business’s fifty day moving average price is $302.12 and its two-hundred day moving average price is $408.98. The firm has a market capitalization of $89.65 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 0.57 and a beta of 2.56. AppLovin Corporation has a 52 week low of $260.59 and a 52 week high of $738.01. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.30 and a current ratio of 4.30. AppLovin (NASDAQ:APP – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $3.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.76. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. AppLovin had a return on equity of 193.10% and a net margin of 64.58%. The firm’s quarterly revenue was up 52.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.39 earnings per share. On average, analysts predict that AppLovin Corporation will post 15.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth Several brokerages recently issued reports on APP. Piper Sandler reiterated a “neutral” rating on shares of AppLovin in a research report on Friday, October 2nd. Phillip Securities upgraded shares of AppLovin from a “moderate buy” rating to a “strong-buy” rating and lowered their price objective for the company from $635.00 to $610.00 in a research report on Tuesday, August 11th. Weiss Ratings upgraded shares of AppLovin from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of AppLovin from $660.00 to $580.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Finally, Daiwa Securities Group reduced their target price on shares of AppLovin from $569.00 to $345.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $507.75.

Get Our Latest Stock Analysis on AppLovin

About AppLovin (Free Report)

AppLovin Corporation is a technology company that provides software and services designed to help mobile application developers grow, monetize and operate their businesses. Its platform supports user acquisition, advertising, mediation, analytics and other functions across the mobile app ecosystem.

The company’s principal products include AppDiscovery, which helps developers market their applications and acquire users; MAX, an in-app bidding and monetization platform; and its AXON technology, an artificial intelligence-powered engine intended to improve advertising performance and match users with relevant applications and content.

Further Reading Five stocks we like better than AppLovin GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall? Intercepting Growth: Karman Secures $218M Lockheed Martin Deal Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors

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NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AppLovin Corporation (NASDAQ: APP) between February 12, 2026 and August 5, 2026, inclusive (the “Class Period”), of the important November 16, 2026 lead plaintiff deadline.

SO WHAT: If you purchased AppLovin securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the AppLovin class action, go to https://rosenlegal.com/cases/applovin-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 16, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the generative AI video creative feature for AppLovin’s AppLovin Ads platform was subject to significant development delays, making its release on AppLovin’s timeline unlikely; (2) defendants overstated the constancy with which AppLovin was improving its AI models; (3) for these reasons, among others, AppLovin had significantly overstated the benefits and reliability of the purportedly “virtuous cycle” and “compounding” value proposition that its AI models provided to customers and to AppLovin; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AppLovin class action, go to https://rosenlegal.com/cases/applovin-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
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        www.rosenlegal.com

, /PRNewswire/ -- AppLovin Corporation (NASDAQ: APP) faces a securities class action seeking to represent investors who purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026.

The suit follows the publication of a concerning analyst report on July 13, 2026 and the company's August 5, 2026 Q2 2026 financial results, each of which drove the price of AppLovin shares sharply lower.

The developments have prompted national shareholders rights firm Hagens Berman to open an investigation into claims that AppLovin violated the securities laws and urge AppLovin investors who suffered substantial losses to submit your losses now. 

Class Period: Feb. 12, 2026 – Aug. 5, 2026
Lead Plaintiff Deadline: Nov. 16, 2026
Visit: www.hbsslaw.com/app 
Direct Contact Email: [email protected] 
Firm Telephone: 844-916-0895
Video: youtu.be/c5nqdaiWyls

AppLovin Corporation (APP) Securities Class Action:

AppLovin provides end-to-end AI-powered advertising solutions for businesses to reach, monetize, and grow their global audience.

To investors, "uplift" is possibly the most critical driver of the company's revenue growth. The company improves its AI model to increase uplift, better matching the exact right ad to the exact right user at the exact right millisecond. In turn, this uplifts advertisers' return on ad spend, increases their advertising budgets, and (for AppLovin) accelerates high-margin revenue.  

The lawsuit is focused on the propriety of AppLovin's statements about model improvements and uplift.

Most recently, several weeks into AppLovin's Q2, during its May 6, 2026 Q1 2026 earnings call, management left investors with high expectations for uplift and revenue growth. 

CEO Adam Foroughi said that the most important milestone investors should focus on was the company's "improving the underlying model." He emphasized that "[l]ast quarter earnings, I mentioned we just had one new model that had just created an uplift[]" and "[t]he one we had a couple of weeks ago was quite substantial." He also explained, "that's why I highlighted […] that we saw a big acceleration going exiting the quarter[,]" and "then, April Q2, bigger than any quarter that we had[.]"

Investors' expectations began to unravel on July 13, 2026, when a prominent analyst published a report highlighting a lack of immediate advertiser influx following the general availability launch of AppLovin's advertising tools. In response, the price of AppLovin shares tumbled $64.13 (-12.6%).

Then, on August 5, 2026, the company reported its Q2 2026 revenue that was below midpoint. In apparent contrast to the "big acceleration," management said "[o]ur pace of meaningful model improvement was lighter than normal during the quarter[]" and "we didn't get the same level of model uplift we've seen in recent quarters[.]" This news drove the price of AppLovin shares crashing another $82.13 (-19.6%).

Between the two drops, the company lost over $44 billion of its market capitalization.

"We're focused on when during Q2 AppLovin first knew that the uplift and revenue acceleration investors had come to expect wasn't happening," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in AppLovin and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

Whistleblowers: Persons with non-public information regarding AppLovin should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of APP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) on behalf of investors that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026 (the “Class Period”). CLICK HERE TO JOIN THE CASE If you are an investor in AppLovin and have suffered losses, you may CLICK HERE to contact us.

Will the high-flying growth of a business-to-business advertising platform outshine the massive social reach of a consumer favorite? Investors must decide between AppLovin (APP +1.24%) and Snap (SNAP +1.75%) for 2026.

AppLovin provides the back-end technology that helps mobile apps find users and make money. Snap operates the popular Snapchat app, focusing on direct consumer engagement and brand advertising. While both companies rely on digital ad spending, they operate at different ends of the communication services landscape, offering distinct risk and reward profiles.

The case for AppLovinAppLovin provides an AI-powered marketing platform that helps businesses reach and monetize audiences through mobile apps and connected TV. In its latest annual report filed for the period ending December 31, 2024, the company noted it serves a global network of app developers and e-commerce advertisers. Following the sale of its internal apps business in mid-2025, the company now focuses entirely on its position among tech stocks focused on advertising.

In FY 2025, revenue reached nearly $5.5 billion, representing a significant 70% increase compared to the prior year. The company reported net income of approximately $3.3 billion for the same period, which resulted in a strong net margin of 60.8%. This marked a sharp rise from the $1.6 billion in net income recorded in fiscal year 2024, highlighting a rapid expansion in profitability.

As of its December 2025 balance sheet, the debt-to-equity ratio was roughly 1.7x, which represents total debt divided by shareholder equity. The current ratio, which compares short-term assets to liabilities, is approximately 3.3x. Free cash flow for the period reached nearly $3.9 billion, showing the company's ability to generate significant cash from its software operations.

The case for SnapSnap operates the Snapchat platform, which serves nearly 971 million monthly active users primarily between the ages of 18 and 34. The company generates revenue by selling advertising to brands ranging from small businesses to global corporations across North America and international regions. It also earns non-advertising revenue through its Snapchat+ subscription service, providing a growing secondary revenue stream for the social media giant.

During FY 2025, revenue reached close to $5.9 billion, a 10.6% increase over the previous fiscal year. While the company is still working toward consistent profitability, it reported a net loss of approximately $460.5 million, which reflects a net margin of -7.8%. This performance represents a narrowing of losses compared to the $697.9 million net loss seen in FY 2024, as the company manages its operating costs.

According to its December 2025 balance sheet, Snap maintains a current ratio of roughly 3.6x. Its debt-to-equity ratio is approximately 2.1x, indicating that total debt is 2.1 times the value of shareholder equity. Free cash flow for the period was nearly $437.2 million, though you should note that stock-based compensation represented roughly 155% of operating cash flow, meaning reported cash generation is heavily inflated by this non-cash add-back.

Risk profile comparisonAppLovin faces risks from ongoing securities fraud class action lawsuits alleging misstatements about its AI business model. It also relies heavily on the privacy policies of Apple (AAPL -1.00%) and Alphabet (GOOGL -1.14%). Furthermore, the company deals with litigation regarding data collection in games and concentrated voting power among its leadership through its multi-class stock structure.

Snap deals with legal challenges regarding platform addiction for minors and youth safety concerns. The company faces intense competition for user attention from rivals like Pinterest (PINS +2.87%) and Reddit (RDDT +0.33%). It also depends on Amazon (AMZN +0.07%) for infrastructure and remains vulnerable to advertising tracking changes made by other mobile platform providers like Alphabet.

Valuation comparisonSnap has a much lower valuation when measured against its total sales over the past twelve months.

MetricAppLovinSnapForward P/E17.1x8.8xP/S ratio13.2x1.7xValuation metrics include sourcing from Financial Modeling Prep (FMP) and may differ from other data providers.

I'd go with AppLovin, and it's not close. Its AI-powered ad platform connects mobile app advertisers with users so precisely that advertisers keep increasing their budgets on the platform quarter after quarter. In Q2 2026, revenue grew more than 50% year over year and net income grew even faster. The top line came in slightly below what analysts expected, causing some stock volatility, but the underlying profitability and free cash flow generation remain extraordinary.

Snap reached nearly 1 billion monthly users in Q2 2026, beat analyst expectations, and delivered a dramatic improvement in adjusted EBITDA. Advertisers are increasingly willing to pay for access to its engaged audience. Things aren't perfect, though. Despite all that progress, the company is still posting GAAP net losses, and converting its massive reach into consistent bottom-line profitability remains the central challenge.

The gap between these two businesses is significant right now. AppLovin is compounding at a remarkable rate while Snap is still working toward sustained profitability. Investors will get a fresh update when both companies report Q3 2026 results in early November.

New York, New York--(Newsfile Corp. - October 21, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) on behalf of investors that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in AppLovin and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 16, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that "(i) the generative AI video creative feature for the Company's AppLovin Ads platform was subject to significant development delays, making its release on the Company's timeline unlikely," and "(ii) Defendants overstated the constancy with which AppLovin was improving its AI models."

According to the complaint, the truth began to emerge on July 13, 2026, when a Bank of America Securities analyst published a note raising concerns over the rollout of AppLovin Ads to all advertisers. Following publication of the note, AppLovin's stock price fell $64.13 per share, or 12.65%, on July 13, 2026. Then, on August 5, 2026, according to the complaint, AppLovin reported revenue below consensus estimates and also revealed that its generative AI video tool was "still [a] work in progress." On this news, AppLovin's stock price fell $82.13 per share, or 19.66%, on August 6, 2026.

CLICK HERE TO LEARN MORE

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319839

Source: Kaplan Fox & Kilsheimer LLP

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, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against AppLovin Corporation ("AppLovin" or "the Company") (NASDAQ: APP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of APP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: February 12, 2026 to August 5, 2026

DEADLINE: November 16, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. AppLovin's generative AI tool suffered from delays that impacted its ads platform. The Company overstated the benefits AI would bring to both its own business and its customers. Based on these facts, AppLovin's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

 Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

SOURCE DJS Law Group LLP

NEW YORK, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against AppLovin Corporation (NASDAQ: APP) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/cases/applovin-corporation-app-class_action_lawsuit.

AppLovin Case Details

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that:

the generative AI video creative feature for AppLovin’s Ads platform was subject to significant development delays, making its release on AppLovin’s stated timeline unlikely;Defendants overstated the consistency with which AppLovin was improving its AI models;AppLovin significantly overstated the benefits and reliability of the purported “virtuous cycle” and “compounding” value proposition provided by its AI models to customers and the Company; andas a result, Defendants’ public statements were materially false and/or misleading at all relevant times. What's Next for AppLovin Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/cases/applovin-corporation-app-class_action_lawsuit. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in AppLovin you have until November 16, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to AppLovin Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for AppLovin Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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Prior results do not guarantee similar outcomes.

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said no to AppLovin Corporation (NASDAQ:APP). “It’s come down a lot, but in the end AppLovin is in the crosshairs of Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and I don’t want to be there,” he added.

Citigroup analyst Jason Bazinet maintained AppLovin with a Buy and lowered the price target from $600 to $500.

Cramer said he likes Vale S.A. (NYSE:VALE). “I think that’s a good idea. Nice hedge against inflation too,” he added.

Lending support to his choice, Scotiabank analyst Alfonso Salazar, on Monday, upgraded Vale from Sector Perform to Sector Outperform and maintained the price target of $16.

When asked about MFA Financial, Inc. (NYSE:MFA), he said, “These residential mortgage-backed stocks have just been absolutely horrendous, and I’m going to just say unequivocally: do not own that stock. I don’t care how low the price to earnings multiple is.”

Citizens analyst Trevor Cranston, on Oct. 15, maintained MFA Financial with a Market Outperform and lowered the price target from $11 to $8.

Cramer said he doesn’t want to touch defense stocks when asked about Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS).

Citizens analyst Trevor Walsh, on Monday, maintained Kratos Defense & Security with a Market Outperform and lowered the price target from $105 to $70.

Twilio Inc. (NYSE:TWLO) is “valued correctly. That’s the problem. Therefore, I don’t see any upside or downside that I can pin anything on,” Cramer said.

BTIG analyst Nick Altmann, on Oct. 16, maintained Twilio with a Buy and raised the price target from $285 to $315.

Cintas (NASDAQ:CTAS) is a “terrific” company, Cramer said. “We want to own Cintas, but it just had a really, really big run.”

On earnings, Cintas reported upbeat first-quarter results on Sept. 23 and raised its FY2027 guidance. The company posted quarterly earnings of $1.39 per share, which beat the analyst consensus estimate of $1.35 per share. The company reported quarterly sales of $3.014 billion, which beat the analyst consensus estimate of $2.984 billion.

Price Action:

AppLovin shares gained 1.1% to settle at $269.12 on Monday.Vale shares gained 0.4% to close at $13.11 during the session.MFA Financial fell 2.7% to settle at $6.41 on Monday.Kratos Defense shares dipped 3.1% to close at $39.17 during the session.Twilio shares gained 5.3% to settle at $257.29.Cintas shares fell 0.7% to close at $212.30 on Monday.Photo via Shutterstock

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In AppLovin To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in AppLovin between February 12, 2026 and August 5, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - October 20, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) and reminds investors of the November 16, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the generative AI video creative feature for the Company's AppLovin Ads platform was subject to significant development delays, making its release on the Company's timeline unlikely; (2) Defendants overstated the constancy with which AppLovin was improving its AI models; (3) for these reasons, among others, AppLovin had significantly overstated the benefits and reliability of the purportedly "virtuous cycle" and "compounding" value proposition that its AI models provided to customers and to the Company; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.

The truth began to emerge on July 13, 2026, when a Bank of America Securities analyst published a note reporting softer-than-expected e-commerce ad growth for the month of June, raising concerns over the rollout of AppLovin Ads to all advertisers. Bank of America Securities' review of publicly available e-commerce data showed "AppLovin's eCommerce footprint expanded at a slower pace in June", and the analyst concluded that the AppLovin Ads [general availability ("GA")] rollout enjoyed only a "muted . . . start." Accordingly, based on a "slower initial GA ramp", Bank of America Securities lowered its expectations of AppLovin's annual revenue.

Following publication of the note, AppLovin's stock price fell $64.13 per share, or 12.65%, to close at $442.85 per share on July 13, 2026.

Then, on August 5, 2026, AppLovin issued a press release announcing its financial results for the quarter ended June 30, 2026, and held a conference call to discuss the same. Among other items, AppLovin reported revenue of $1.92 billion, below consensus estimates of $1.94 billion. Defendants attributed their quarterly performance to their "pace of meaningful model improvement", which was "lighter than normal during the quarter." Defendants also revealed that their generative AI video tool was "still [a] work in progress."

On this news, AppLovin's stock price fell $82.13 per share, or 19.66%, to close at $335.67 per share on August 6, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding AppLovin's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the AppLovin class action, go to www.faruqilaw.com/APP or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the AppLovin Securities Class Action Lawsuit:

What is the AppLovin securities fraud lawsuit about?

The lawsuit alleges AppLovin misled investors about its AI technology, including development delays, the pace of AI model improvements, and the benefits and reliability of its AI-driven advertising platform.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired AppLovin Corporation (NASDAQ: APP) securities between February 12, 2026 and August 5, 2026 may be eligible if they suffered losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the proposed class during the litigation. Eligible investors must file a motion with the court by November 16, 2026. Investors may participate without serving as lead plaintiff.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased AppLovin securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319757

Source: Faruqi & Faruqi LLP

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Affected APP Investor Summary

Who: AppLovin Corporation (NASDAQ: APP)What: Securities fraud class action lawsuit filedClass Period: February 12, 2026 through August 5, 2026Deadline to Seek Lead Plaintiff Status: November 16, 2026Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s projected revenue growth from its AI products and self-service applicationInvestor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP (Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AppLovin Corporation (AppLovin) (NASDAQ: APP) on behalf of those who purchased or acquired AppLovin securities between February 12, 2026 and August 5, 2026, inclusive. The lawsuit is filed in the United States District Court for the Northern District of California and is captioned Talbot v. AppLovin Corporation, No. 3: 26-cv-10584 (N.D. Cal.).   Investors have until November 16, 2026, to file for lead plaintiff status.  

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired AppLovin securities and have lost money on your investment, please provide your information here: https://www.ktmc.com/app-applovin-corporation-class-action-lawsuit?utm_source=Globe&utm_medium=pressrelease&utm_campaign=app&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. There is no cost or obligation to speak with an attorney.

To view the AppLovin video on YouTube, click here:
https://youtu.be/Q0nWTDJTg1M?si=h71prPjHwSvP0jEK

APPLOVIN CORPORATION CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) the generative AI video creative feature for the company’s AppLovin Ads platform was subject to significant development delays, making its release on AppLovin’s timeline unlikely; (2) AppLovin overstated the rate of its improvements to its AI models, in turn causing the benefits and reliability of its value proposition of its AI models to be unreliable; and (3) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did AppLovin’s Stock Drop?
On July 13, 2026, a Bank of America Securities analyst published a note stating that "AppLovin's eCommerce footprint expanded at a slower pace in June" and "[w]eekly data has not shown a clear uptick since AppLovin [Ads] opened to all eComm advertisers on 6/22, suggesting a muted GA start." Accordingly, Bank of America Securities lowered its estimate for AppLovin's annual revenue. On this news, AppLovin's stock price dropped $64.13 per share, or 12.6%, from a closing price of $506.80 per share on July 10, 2026, to close at $442.85 per share on July 13, 2026.

Then, on August 5, 2026, AppLovin reported its financial results for the quarter and revealed, among other things, revenue below consensus estimates. AppLovin attributed the poor results, in part, to delays in the roll out of AppLovin Ads' generative AI video creation tool, which led to lower-than-expected AppLovin Ads revenue and hampered AppLovin's AI "model performance[.]" On this news, AppLovin's stock price dropped $82.13 per share, or 19.6%, from a closing price of $417.80 per share on August 5, 2026, to close at $335.67 per share on August 6, 2026.

WHAT APPLOVIN CORPORATION INVESTORS CAN DO NOW:

File to be lead plaintiff by November 16, 2026.Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.Retain counsel of choice or take no action.
THE LEAD PLAINTIFF PROCESS FOR APPLOVIN CORPORATION INVESTORS:
AppLovin investors may, no later than November 16, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages AppLovin investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:

Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

        May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

AppLovin has been sued for securities fraud after its stock plummeted 20% because AppLovin allegedly misrepresented the strength, viability, and development of its AI-based business model and products.

, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against AppLovin Corporation (NASDAQ:APP) and certain of the company's senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.

If you invested in AppLovin, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/applovin-class-action-lawsuit.

Key Details of the AppLovin ($APP) Class Action:

Lead Plaintiff Deadline: November 16, 2026 Alleged Misconduct: Securities fraud alleging AppLovin misrepresented the strength, viability, and development of its AI-based business model and products  Largest Alleged Stock Drop: August 5, 2026 – 20% Stock Drop Court: U.S. District Court for the Northern District of California Action: Contact BFA Law to discuss your rights Investors have until November 16, 2026 to ask the Court to be appointed to lead the case.  The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in AppLovin securities.  The class action is pending in the U.S. District Court for the Northern District of California.  It is captioned Talbot v. AppLovin Corp., et al., No. 26-cv-10584.

Why is AppLovin Being Sued for Securities Fraud?

AppLovin is an advertising solutions company.  AppLovin claims its advertising products use artificial intelligence ("AI") models, among other things, to more effectively match advertisers to prospective customers. 

According to the complaint, AppLovin touted the purported strength of the company's AI models as a major driver of the company's growth, telling investors that AppLovin was "constantly improving" its models and that "we don't really see a reason why that's going to slow down."

As alleged, the company's new generative AI video tool in its AppLovin Ads platform experienced significant development delays, which stymied improvements to AppLovin's AI model.

Why did AppLovin's Stock Drop?

On July 13, 2026, a Bank of America Securities analyst published a note stating that "AppLovin's eCommerce footprint expanded at a slower pace in June" and "[w]eekly data has not shown a clear uptick since AppLovin [Ads] opened to all eComm advertisers on 6/22, suggesting a muted GA start."  Accordingly, Bank of America Securities lowered its estimate for AppLovin's annual revenue.

On this news, AppLovin's stock price dropped $64.13 per share, or 12.6%, from a closing price of $506.80 per share on July 10, 2026, to a closing price of $442.85 per share on July 13, 2026.

Then, on August 5, 2026, after the market closed, AppLovin announced that it missed consensus estimates for quarterly revenue, delivering $1.92 billion of revenue against consensus estimates of $1.94 billion.  Defendants attributed the miss, in part, to delays in the roll out of AppLovin Ads' generative AI video creation tool, which led to lower-than-expected AppLovin Ads revenue and hampered AppLovin's AI "model performance[.]"

On this news, AppLovin's stock price dropped $82.13 per share, or 19.6%, from a closing price of $417.80 per share on August 5, 2026, to a closing price of $335.67 per share on August 6, 2026.

Click here for more information: https://www.bfalaw.com/cases/applovin-class-action-lawsuit.

What Can You Do?

If you invested in AppLovin, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you.  Shareholders are not responsible for any court costs or expenses of litigation.  The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/applovin-class-action-lawsuit

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360, and "SuperLawyers" by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space."  One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."

BFA's notable successes include a recovery of over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/applovin-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

SOURCE Bleichmar Fonti & Auld LLP

In the latest close session, AppLovin (APP - Free Report) was up +1.05% at $268.92. The stock's performance was ahead of the S&P 500's daily gain of 0.41%. Elsewhere, the Dow lost 0.07%, while the tech-heavy Nasdaq added 1.11%.

Prior to today's trading, shares of the mobile app technology company had lost 13.61% lagged the Business Services sector's gain of 2.13% and the S&P 500's gain of 1.46%.

Analysts and investors alike will be keeping a close eye on the performance of AppLovin in its upcoming earnings disclosure. The company's earnings report is set to go public on November 4, 2026. The company is forecasted to report an EPS of $3.95, showcasing a 61.22% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.08 billion, indicating a 47.78% increase compared to the same quarter of the previous year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $15.67 per share and a revenue of $8.08 billion, indicating changes of +56.08% and +39.11%, respectively, from the former year.

Investors should also note any recent changes to analyst estimates for AppLovin. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.32% lower. AppLovin is holding a Zacks Rank of #4 (Sell) right now.

With respect to valuation, AppLovin is currently being traded at a Forward P/E ratio of 16.98. Its industry sports an average Forward P/E of 15.84, so one might conclude that AppLovin is trading at a premium comparatively.

We can also see that APP currently has a PEG ratio of 0.56. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Technology Services was holding an average PEG ratio of 1.16 at yesterday's closing price.

The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 85, which puts it in the top 35% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

SAN FRANCISCO, Oct. 19, 2026 (GLOBE NEWSWIRE) -- AppLovin Corporation (NASDAQ: APP) faces a securities class action seeking to represent investors who purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026.

The suit follows the publication of a concerning analyst report on July 13, 2026 and the company’s August 5, 2026 Q2 2026 financial results, each of which drove the price of AppLovin shares sharply lower.

The developments have prompted national shareholders rights firm Hagens Berman to open an investigation into claims that AppLovin violated the securities laws and urge AppLovin investors who suffered substantial losses to submit your losses now.  

Class Period: Feb. 12, 2026 – Aug. 5, 2026
Lead Plaintiff Deadline: Nov. 16, 2026
Visit: www.hbsslaw.com/app
Direct Contact Email: [email protected]
Firm Telephone: 844-916-0895
Video: https://youtu.be/c5nqdaiWyls

AppLovin Corporation (APP) Securities Class Action:

AppLovin provides end-to-end AI-powered advertising solutions for businesses to reach, monetize, and grow their global audience.

To investors, “uplift” is possibly the most critical driver of the company’s revenue growth. The company improves its AI model to increase uplift, better matching the exact right ad to the exact right user at the exact right millisecond. In turn, this uplifts advertisers’ return on ad spend, increases their advertising budgets, and (for AppLovin) accelerates high-margin revenue.

The lawsuit is focused on the propriety of AppLovin’s statements about model improvements and uplift.

Most recently, several weeks into AppLovin’s Q2, during its May 6, 2026 Q1 2026 earnings call, management left investors with high expectations for uplift and revenue growth.

CEO Adam Foroughi said that the most important milestone investors should focus on was the company’s “improving the underlying model.” He emphasized that “[l]ast quarter earnings, I mentioned we just had one new model that had just created an uplift[]” and “[t]he one we had a couple of weeks ago was quite substantial.” He also explained, “that’s why I highlighted […] that we saw a big acceleration going exiting the quarter[,]” and “then, April Q2, bigger than any quarter that we had[.]”

Investors’ expectations began to unravel on July 13, 2026, when a prominent analyst published a report highlighting a lack of immediate advertiser influx following the general availability launch of AppLovin’s advertising tools. In response, the price of AppLovin shares tumbled $64.13 (-12.6%).

Then, on August 5, 2026, the company reported its Q2 2026 revenue that was below midpoint. In apparent contrast to the “big acceleration,” management said “[o]ur pace of meaningful model improvement was lighter than normal during the quarter[]” and “we didn’t get the same level of model uplift we’ve seen in recent quarters[.]” This news drove the price of AppLovin shares crashing another $82.13 (-19.6%).

Between the two drops, the company lost over $44 billion of its market capitalization.

“We’re focused on when during Q2 AppLovin first knew that the uplift and revenue acceleration investors had come to expect wasn’t happening,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

If you invested in AppLovin and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now »

Whistleblowers: Persons with non-public information regarding AppLovin should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected]

, /PRNewswire/ -- Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AppLovin Corporation ("AppLovin" or "the Company") (NASDAQ: APP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of APP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: February 12, 2026 to August 5, 2026

DEADLINE: November 16, 2026

If you are a shareholder who suffered a loss, click here to participate.

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. AppLovin's generative AI video tool for its AppLovin Ads platform suffered from significant delays. The Company overstated improvements to its AI models. The Company exaggerated the benefits of the "virtuous cycle" it claimed its AI provided to both customers and itself. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about AppLovin, investors suffered damages.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.             

CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE Schall, Brown & Schwartz LLP

NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) on behalf of investors that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

If you are an investor in AppLovin and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 16, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that “(i) the generative AI video creative feature for the Company’s AppLovin Ads platform was subject to significant development delays, making its release on the Company’s timeline unlikely,” and “(ii) Defendants overstated the constancy with which AppLovin was improving its AI models.”

According to the complaint, the truth began to emerge on July 13, 2026, when a Bank of America Securities analyst published a note raising concerns over the rollout of AppLovin Ads to all advertisers. Following publication of the note, AppLovin’s stock price fell $64.13 per share, or 12.65%, on July 13, 2026. Then, on August 5, 2026, according to the complaint, AppLovin reported revenue below consensus estimates and also revealed that its generative AI video tool was “still [a] work in progress.” On this news, AppLovin’s stock price fell $82.13 per share, or 19.66%, on August 6, 2026.

CLICK HERE TO LEARN MORE

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/applovin-nasdaq-app-class-action-lawsuit-learn-more-now/