Stock summary: Digital Turbine posted weekly jump of 97.85% as Q3 earnings came more than expected

Digital Turbine Inc experienced a remarkable rally over the past five days, as it surged by  2.42 USD, or 97.58%, to close at 4.90 USD on February 7 at 8:00 PM GMT-5.

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Digital Turbine Inc experienced a remarkable rally over the past five days, as it surged by  2.42 USD, or 97.58%, to close at 4.90 USD on February 7 at 8:00 PM GMT-5. The stock nearly doubled in value, after it recorded Q3 earnings that trespassed investor estimates.

During the latest trading session, Digital Turbine opened at 4.64 USD, indicating strength after its recent gains. The stock climbed to a session high of 5.20 USD. Despite some fluctuations, it remained above its intraday low of 4.40 USD before settling at 4.90 USD.

In After-hours trading there was a slight decline, with the stock slipping 0.01 USD, or 0.20%, to 4.89 USD. Digital Turbine maintained a market capitalization of 50.83Cr. However, the stock encountered resistance near 5.20 USD, a level where some investors likely took profits, while support around 4.40 USD helped sustain its gains.

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Disclaimer: This article is for informational purposes only and does not constitute any financial advice.