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Shares in the mobile technology company also led the benchmark index on Monday, surging 13% after financial publisher Capitalwatch retracted some of its most explosive claims about AppLovin's links to transnational crime syndicates. Capitalwatch personally apologized to major shareholder Hao Tang, who it had described as the key facilitator of the scheme.Kyndryl gained 0.6%. The IT infrastructure provider plunged 55% on Monday, its worst session on record, following the departure of Chief Financial Officer David Wyshner amid a review of the company's 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