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APPS - Digital Turbine: Do Not Buy This Stock

2024-04-10 14:38:59 ET

Summary

  • Digital Turbine, Inc. works with mobile carriers and device manufacturers to pre-install apps on smartphones.
  • However, Digital Turbine faces headwinds, including declining device volumes, particularly in the U.S. market.
  • Digital Turbine is ultimately an unattractive investment proposition due to its dwindling revenue growth rates and shrinking EBITDA figures.

Investment Thesis

Digital Turbine, Inc. ( APPS ) is a dead company walking. What does this mean? In simple terms, this means that investors should not invest their hard-earned capital into this stock....

For further details see:

Digital Turbine: Do Not Buy This Stock
Stock Information

Company Name: Digital Turbine Inc.
Stock Symbol: APPS
Market: NASDAQ
Website: digitalturbine.com

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