Why Digital Turbine Stock Jumped 44% Last Month

Why Digital Turbine Stock Jumped 44% Last Month

Shares of Digital Turbine (NASDAQ: APPS) were surging last month after the mobile communication software provider delivered blowout results in its fourth-quarter earnings report. According to data from S&P Global Market Intelligence, the stock finished the month up 44%. As you can see from the chart below, shares jumped on its earnings report, though the stock moderated in the second half of February.