|Day's Range||6.37 - 7.15|
What happened Shares of Digital Turbine (NASDAQ: APPS) crashed as much as 44% this week, according to data from S&P Global Market Intelligence. The mobile application and digital advertising company posted revenue declines for its most recent quarter, which caused investors to get bearish on the stock.
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades for Snowflake, MongoDB , Digital Turbine, and Annexon. Snowflake (NYSE:SNOW) was downgraded at two Wall Street firms after reporting its Q1 earnings, resulting in a share price drop of more than 16% yesterday, as InvestingPro reported in real-time. While Q1 results came in better than expected, the company’s outlook disappointed investors.
One tech giant generated huge gains for many market benchmarks, but obscured downward moves in other stocks.
Digital Turbine's (APPS) fourth-quarter fiscal 2023 results reflect a negative impact of weak advertiser spending across business segments.
Shares of Digital Turbine (NASDAQ: APPS) were absolutely hammered by the market on Thursday after the adtech company reported financial results for its fiscal 2023 fourth quarter after the close Wednesday. As of 12:45 p.m. ET, Digital Turbine stock was down by about 43% and had hit its lowest point in nearly three years.
Q4 2023 Digital Turbine Inc Earnings Call
Digital Turbine (APPS) delivered earnings and revenue surprises of -17.65% and 0.05%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Digital Turbine's (APPS) fiscal fourth-quarter earnings are expected to have suffered from macroeconomic challenges including high inflation, which has hurt ad revenue business.
Hello Group Inc. Sponsored ADR (MOMO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Consider two relatively smaller players like 3D software company Unity Technologies (NYSE: U) and mobile-app business Digital Turbine (NASDAQ: APPS). In November, Unity completed a $4.4 billion merger with ironSource, an Israel-based company with business segments that are completely new to Unity, including its mobile-app discovery business Aura. This now puts Unity in direct competition with Digital Turbine, which claims to have a "moat" -- a defensible, competitive advantage.
While Digital Turbine, Inc. ( NASDAQ:APPS ) shareholders are probably generally happy, the stock hasn't had...
With its stock down 20% over the past three months, it is easy to disregard Digital Turbine (NASDAQ:APPS). But if you...
Investors who take an interest in Digital Turbine, Inc. ( NASDAQ:APPS ) should definitely note that the Independent...
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Investors need to pay close attention to Digital Turbine (APPS) stock based on the movements in the options market lately.
Key Insights Digital Turbine's estimated fair value is US$21.28 based on 2 Stage Free Cash Flow to Equity Digital...
Expedia Group and Digital Turbine are part of the Zacks Bull and Bear of the Day article.
The analysts covering Digital Turbine, Inc. ( NASDAQ:APPS ) delivered a dose of negativity to shareholders today, by...
The Nasdaq Composite (NASDAQINDEX: ^IXIC) showed that again on Thursday, as gains from the morning session disappeared by midday, sending the index down a third of a percent as of 1 p.m. ET. A pair of stocks listed on the Nasdaq were big losers on Thursday. Affirm Holdings (NASDAQ: AFRM) has been a pioneer in the buy now, pay later space, but its stock hasn't kept up with the potential in the industry.
Shares of Digital Turbine (NASDAQ: APPS) dropped like a rock on Thursday morning after the advertising technology (adtech) company reported financial results that disappointed the market. Not only was this a troubling year-over-year drop of 25% but it also dramatically underperformed management's revenue guidance of $180 million to $190 million.
Digital Turbine (APPS) third-quarter 2023 results reflect challenging macroeconomic conditions.
Digital Turbine (APPS) delivered earnings and revenue surprises of -21.62% and 12.24%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Every investor in Digital Turbine, Inc. ( NASDAQ:APPS ) should be aware of the most powerful shareholder groups. And...