Why Digital Turbine Stock Plummeted This Week
Digital Turbine (APPS -11.69%) stock got hit hard with sell-offs in this week's trading. The company's share price closed out the stretch down 31.7% from the previous week's market close, according to data from S&P Global Market Intelligence.Digital Turbine stock had been on a hot streak following the company's fourth-quarter earnings report earlier this month, but its valuation saw a substantial pullback following a concerning demand indicator. The stock also saw sell-offs in conjunction with macroeconomic ...