Assault on a short seller on Applovin It is a degree of incision.

A week after the mysterious panda research Proposal The claim that the Applovin Ad-Tech is the “House of Cards”, and accused the company that violates it Google and Apple App Store Policies, the SLA seller urges the S&P Index Committee to keep Applovin shares outside the standard index.

“We are writing to the committee about the very serious allegations raised against a company that is likely to be added to the S&P 500, Applovin (App),” Fuzzy Panda wrote in a letter on March 4, responsible for making quarterly changes in the index. Watch CNBC version of the message.

Applovin and S&P representatives refused to comment.

The Fuzzy Panda issue comes against Applovin after the company’s share rises More than 700 % In 2024, its maximum market raised between $ 110 billion. The historical assembly has made a major candidate for its inclusion in the S&P 500, which is the average maximum market market of about $ 36 billion. However, after excluding the arrow outside the index in the latest change in December, Applovin decreased by 15 %.

The seller of the cloud programs Working day It was added in December, although it was estimated at billions of dollars in value than Applovin. Working Day shares 5 % gathered On the news. The stocks often rise when they are included in the index, because the fund managers who follow the widely followed standard should buy shares.

The next semester balance, which includes the changes of the index committee on the S&P 500, is expected later in March. As a short seller, Panda Fuzzy is betting on a decrease in the price of Applovin, and benefits from profit if it decreases.

In her message, Panda Fuzzy said that Applovin does not meet “Gold Standard” S&P 500. Last week, Fuzzy Panda was one of two companies, along with the seller’s short Culper research, which was criticized Applovin’s Axon, company driver program Profit growth And increase stocks. The shares decreased by 12 % on February 26, the day of short reports.

Colbert did not respond to a request for comment.

APLOVIN released the updated 2.0 version of AXON in 2023. The company says that technology, which works with advanced artificial intelligence, helps in putting more targeted ads within applications, especially mobile games, and that it has been expanded to help e -commerce companies with their promotional offers.

Fuzzy Panda and Culper reports, Applovin CEO Adam Foreuji wrote in A. Blog post The notes were “full of precision and wrong assembly.”

“It is disappointing that some of the short sellers are making wrong and misleading claims aimed at undermining our success, and reducing our share price to achieve financial gains, instead of admitting the advanced artificial intelligence models that our team designed to enhance advertisements for our partners.” “It should also be noted that short reports appeared after our profit report, as we will be in a period of inability to respond with financial performance.”

Applovin mentioned Profit Earlier in February, the stock was sent by 34 % in two days and a previous $ 500 for the first time. Since then, the stock has decreased by almost 50 %, as it decreased much more than the broader market, after it decreased by 18 % on Thursday.

The multiple Wall Street analysts agreed with the Foreog evaluation.

“We believe that most of the issues that were recently highlighted have almost no feature,” BTIG analysts wrote in a note on February 26.

Piper analysts also maintained their purchase recommendation and said they were “buyers to apply after selling.”

“The customers of the application are the most advanced in digital ads, and we believe that any alleged fraudulent practice will feel immediately by testing or testing the increase.”

Repeat the mysterious Panda message to the S&P committee Previous allegations From the fraudulent ads tactics, such as the alleged Applovin stolen data from Dead In the e -commerce batch and followed by children’s devices, it violates the rules of Apple and Google. CNBC could not independently verify Panda’s mysterious allegations.

Fuzzy Panda said her research consists of interviews with former Applevin and Meta employees, industry experts and executives in other advertising technology companies, as well as its analysis and testing of technology.

The company wrote to the S&P Committee: “The recent revenue growth in Applovin was based on data theft, revenue fraud, and the exploitation of the laws of our country that protect children.”

In its previous report on its short site, Fuzzy Panda wrote, “Applovin has played a dangerous game and a constant prohibition of AUP Mobile Duopoly store that controls the portal> 99 % of the market.”

Meta, Apple and Google representatives did not make comments.

According to Fuzzy Panda, the company has taken about 20 companies, including Fisker and Lucid Electric makers, GLBE Life and Online Eduction Company step.

Global life The shares fell more than 50 % in April after Panda Fuzzy, in pIt raises its short locationShe said she revealed many insurance fraud. Global life Respond By calling the report, “greatly misleading” and “paid only by profit in the short term” from the open sellers.

He watches: Applovin increases approximately 30 % on profits, and guidance overcomes