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StockNews.com
StockNews.com
Business
Pragya Pandey

Digital Turbine: Down More Than 65% YTD, is Now a Good Time to Scoop Up Shares?

Digital Turbine, Inc. (APPS) in Austin, Tex., is the industry's foremost independent mobile growth platform, leveling the competitive landscape for advertisers, publishers, carriers, and OEMs. It boosts advertising and revenue by combining a comprehensive ad stack with proprietary technologies embedded into devices by cellular carriers and OEMs.

The company’s shares have declined 70.3% in price over the past year and 66.9% year-to-date to close yesterday’s trading session at $20.15. In addition, the stock is currently trading 78.6% below its 52-week high of $93.98, which it hit on Nov. 01, 2021.

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