Is the Digital Turbine Comeback Real?
Digital Turbine stock more than doubled in May after a transformational quarter.
Is the Digital Turbine Comeback Real?
Overview
It may have been a while since you last heard of Digital Turbine (NASDAQ: APPS), if you even remember it. The stock had been floating in penny-stock land for multiple years after collapsing by more than 95% from its 2021 highs.
However, the mobile adtech company's stock more than doubled in May, and it wasn't a meme rally. The fundamentals have changed meaningfully for Digital Turbine, and this may be the start of a massive turnaround.
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
