AppLovin stock price slides as short-seller fight and Fed jitters weigh on APP shares

New York, Jan 30, 2026, 11:54 AM (ET) — Regular session

  • AppLovin shares dropped in late morning trading as investors pared back exposure to tech-related stocks.
  • Traders zeroed in on the company’s reaction to a recent short-seller report.
  • Coming next: AppLovin’s quarterly earnings and guidance, set to drop after the close in mid-February.

AppLovin Corp shares dropped 11.3%, slipping to $504.80 in late morning trading on Friday, after hitting a session low of $495.23. The Nasdaq-listed stock fell $64.44 from its previous close.

The sell-off follows AppLovin’s pushback against a short-seller report from CapitalWatch. The company issued a cease-and-desist letter, labeling the report “defamatory and…

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