- Class action filed in U.S. District Court for the Northern District of California, case Talbot v. AppLovin Corp., No. 26-cv-10584
- Lead plaintiff deadline: November 16, 2026
- Alleged violations: Sections 10(b) and 20(a) of the Securities Exchange Act of 1934
- Stock drop on July 13, 2026: 12.6% ($64.13) to $442.85
- Stock drop on August 6, 2026: 19.6% ($82.13) to $335.67
- Q2 2026 revenue: $1.92B vs $1.94B consensus
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