Shares of Digital Turbine (APPS) are trading -9% lower at a price of $19.72 at the time of this writing. Shares of the stock are floundering behind other names in the space on what is turning out to be a somewhat red day for the Information Technology sector.
Digital Turbine has been trading between a 52-week high of $93.98 and a 52-week low of $14.43. The stock has a market cap of $1.95 Billion.
Digital Turbine simplifies content discovery and delivers relevant content directly to consumer devices. The Company's on-demand media platform powers frictionless app and content discovery, user acquisition and engagement, operational efficiency and monetization opportunities. Digital Turbine's technology platform has been adopted by more than 40 mobile operators and OEMs worldwide, and has delivered more than three billion app preloads for tens of thousands of advertising campaigns.
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