AppLovin Probed by SEC, AMD Soars, Comerica, Fifth Third Ink Year's Biggest Bank Deal
On this episode of Stock Movers: - AppLovin (APP) shares slid after reports the Securities and Exchange Commission has been probing the data-collection practices of the mobile advertising tech company. The agency has specifically looked into allegations that AppLovin violated platform partners’ service agreements to push more targeted advertising to consumers. AppLovin declined to comment, saying it generally doesn’t speak on potential regulatory matters. - Advanced Micro Devices (AMD) soared after the company signed a deal with OpenAI that could generate tens of billions of…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.