Digital Turbine Gains as Nasdaq Drops — APPS Eyes Launchpad
Digital Turbine shares rose 7.6% to $9.32 Thursday after launching its Launchpad app-distribution platform, despite ongoing losses. The company reported Q4 revenue up 20% to $142.5 million and guided fiscal 2027 revenue above estimates. About 9.15 million shares traded. The Nasdaq slipped 0.09% as chip stocks fell, while the Dow closed at a record high.