The Latest Breaking News from Digital Turbine

Brave investors are trying to buy S&P 500 stocks on the dip. But they're not even crazy enough to touch some.

Digital Turbine Inc (NASDAQ: APPS) shares are trading lower Wednesday after the company reported financial results and issued earnings guidance below analyst estimates.

Digital Turbine (NASDAQ:APPS) has outperformed the market over the past 5 years by 90.49% on an annualized basis producing an average annual return of 103.63%. Currently, Digital Turbine has a market capitalization of $3.34 billion.

Digital Turbine (NASDAQ:APPS) has outperformed the market over the past 5 years by 98.63% on an annualized basis producing an average annual return of 112.28%. Currently, Digital Turbine has a market capitalization of $3.89 billion.

Digital Turbine (NASDAQ:APPS) has outperformed the market over the past 5 years by 98.32% on an annualized basis.

Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has announced Privacy Sandbox, a multi-year initiative to build more 

Shares of adtech companies fell on Wednesday morning on a report that Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google will stop cross-app tracking on Android phones, following a similar move by Apple Inc (NASDAQ:AAPL).  "We don't think there should be a forced choice between privacy and developers building their business," Anthony Chavez, VP of product management for Android…

A whale with a lot of money to spend has taken a noticeably bullish stance on Digital Turbine. Looking at options history for Digital Turbine (NASDAQ:APPS) we detected 26 strange trades.

Analysts continue to see sharp upside despite slashing their price targets on Digital Turbine Inc (NASDAQ:APPS) post Q3 beat. Macquarie analyst Tim Nollen lowered the firm's price target on Digital Turbine to $70 from $80 (41.6% upside) and kept an Outperform. Nollen rolled his valuation reference year to FY23 and adjusted his multiple.  Q3 results, including…