AppLovin (APP) said Friday it has retained law firm Quinn Emanuel Urquhart & Sullivan to conduct an independent investigation into recent short reports aimed at the company.
The probe will be led by partner Alex Spiro, who co-chairs the law firm's investigations, government enforcement and white collar defense practice, the company said.
Shares of the company were up by more than 8% in recent Friday premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments