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Digital Turbine Stock: Undervalued Tech Stock Down 75% But Could More Than Triple

Digital Turbine Inc (NASDAQ:APPS) is a great tech stock I’ve been bullish on for years. When I first wrote about APPS stock in early 2019, it was trading at $3.20.

APPS stock was one of the tech darlings during the COVID-19 pandemic, advancing 684% in 2020. From March 2019 to February 2021, Digital Turbine stock surged by about 3,100% to a record high of $102.56.

That momentum came to an end in early 2021 after the Federal Reserve hinted it might have to start raising its benchmark lending rate. Things have gotten worse since then. The tech-heavy Nasdaq has been firmly entrenched in a bear market for a while now.

APPS Stock Overview

This post appeared first on Profit Confidential.