AppLovin (APP) Surges 13% After CapitalWatch Retracts Accusations

Following a retraction and apology on social media, CapitalWatch removed specific characterizations of AppLovin (APP), sending its shares up over 13% on Monday, Feb 9, 2026, leading the S&P 500. The move follows a January report alleging systemic compliance risks and money laundering practices, which AppLovin has since sued to cease its operations against it. Despite the gains, APP has declined roughly 37% from December 2025 highs amid ongoing regulatory and scrutiny pressure. The company has issued a cease-and-desist letter, but CapitalWatch plans to release a follow-on report on figures it deems unexplained. AppLovin is up about 20% year-to-date.