<div id="readability-page-1">Editor’s note: This story has been updated to include comment from an AppLovin Spokesperson in response to the investigative report. Applovin Corporation ( APP ) shares are down on Tuesday, reflecting a broader market trend as major indices struggle. The stock is caught in a broader sell-off, with the Nasdaq down 1.21% and the technology sector declining significantly. <h2>Stock Market Dips On Trump's Greenland, Tariff Rhetoric</h2> U.S. stocks moved lower as President Donald Trump threatened tariffs against European allies and suggested the U.S. could pursue control of Greenland, increasing concerns around geopolitical and trade tensions. According to AP News, Trump said eight European countries would face a 10% tariff for opposing U.S. control of Greenland, prompting a strong response from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland. In a joint statement, the countries warned the move &#34;undermine transatlantic relations and risk a dangerous downward spiral.&#34; European leaders said recent troop deployments to Greenland for a Danish military exercise posed &#34;no threat to anyone&#34; and emphasized their willingness to engage in dialogue grounded in sovereignty and territorial integrity. European Union officials echoed those concerns following emergency talks and signaled readiness to respond to any form of economic coercion. Trump has described Greenland as critical to U.S. national security and indicated tariffs could be used as leverage to force talks over the territory, adding to uncertainty around U.S.-Europe relations and weighing on broader market sentiment. <h2>Investigative Report Raises Money Laundering Concerns</h2> Market chatter has recently pointed to AppLovin ( APP ) following the circulation of an investigative report alleging potential money laundering and compliance concerns tied to the company's shareholder structure. The report, which describes itself as a forensic investigation, claims AppLovin ( APP ) may have been used as a destination for illicit funds originating from China and Southeast Asia through complex offshore entities and advertising-related transactions. It alleges that certain major shareholders could be connected to funds derived from illegal fundraising, gambling and cross-border financial crimes and that these funds were ultimately integrated into U.S. capital markets through AppLovin's ( APP ) equity and revenue streams. The report further alleges weaknesses in anti-money laundering controls and raises questions about whether some shareholder disclosures and revenue sources were adequately vetted under global AML standards. The claims have not been adjudicated in court, and no formal findings by U.S. regulators have been disclosed. An AppLovin ( APP ) spokesperson told Benzinga that the company categorically rejects the claims in the report, which is filled with false, misleading and nonsensical allegations. “AppLovin's public filings transparently disclose our material investments, global operations, and information regarding significant shareholders. As a publicly traded company, AppLovin's ( APP ) common stock is available to purchase on the open market; we cannot control who buys, holds, or sells our shares. AppLovin ( APP ) operates a highly regulated and transparent advertising platform and maintains rigorous standards for its financial practices,” an AppLovin ( APP ) spokesperson said. “Claims that AppLovin ( APP ) facilitated money laundering or its products are used for unauthorized downloads are patently false. AppLovin ( APP ) functions within a broader ecosystem that includes major app stores, operating systems, and payment providers, and the apps monetized through our platform must be publicly available on the major app stores and subject to their independent review and enforcement. Economically, the money laundering theory is implausible: publishers receive only a portion of advertiser spend, meaning any attempt to ‘launder’ funds would require forfeiting a substantial share while creating a highly visible, auditable transaction trail across multiple independent companies. Accepting the report's premise would therefore imply a systemic failure across the broader mobile advertising and app-store ecosystem, for which the report provides no evidence.” <h2>Technical Analysis Of AppLovin</h2> Currently, the stock is trading 9.3% below its 20-day simple moving average (SMA) and 4.6% below its 100-day SMA, indicating a bearish short-term trend. Over the past 12 months, shares have increased by 68.08%, and they are currently positioned closer to their 52-week highs than lows, suggesting some underlying strength despite the current pullback. The RSI is at a neutral level, indicating that the stock is neither overbought nor oversold. Meanwhile, the MACD is below its signal line, which suggests bearish pressure on the stock. <h2>Benzinga Edge Rankings</h2> Below is the Benzinga Edge scorecard for Applovin ( APP ), highlighting its strengths and weaknesses compared to the broader market: <ul> <li>Momentum: Bullish (Score: 88.72/100) — Stock is outperforming the broader market.</li> <li>Value: Risk (Score: 6.31/100) — Trading at a steep premium relative to peers.</li> </ul> The Verdict: Applovin’s Benzinga Edge signal reveals a classic ‘High-Flyer’ setup. While the Momentum (88) confirms the strong trend, the extremely low Value (6) score warns that the stock is priced for perfection—investors should ride the trend but use tight stop-losses. APP Price Action: At the time of writing, Applovin ( APP ) shares are trading 0.54% lower at $565.35, according to data from Benzinga Pro. Image via Shutterstock </div>

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AppLovin Corporation (APP) shares fell amid a broader market decline, with the Nasdaq down 1.21%. Concerns arose from an investigative report alleging potential money laundering linked to the company's shareholder structure. AppLovin denied these claims, asserting transparency in its operations. Currently, the stock is trading below its moving averages, indicating a bearish trend, despite a 68.08% increase over the past year. Benzinga's analysis shows a bullish momentum score but a low value score, indicating a high-flyer setup in the market.

AppLovin Shares Drop As Stock Market Slides, Investigative Report Circulates (UPDATED)