AppLovin probed by US SEC over data-collection practices, Bloomberg News reports

FILE PHOTO: The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, DC, U.S., November 25, 2024. REUTERS/Benoit Tessier/File Photo

(Reuters) -The U.S. Securities and Exchange Commission has been probing marketing platform AppLovin's data-collection practices, Bloomberg News reported on Monday, citing people familiar with the matter.

Shares of the company were down nearly 16% after the report.