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Why Digital Turbine Stock Fell 17% Last Month

·2 min read
Why Digital Turbine Stock Fell 17% Last Month
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Shares of Digital Turbine (NASDAQ: APPS) were sliding in July after a move by Alphabet's Google seemed to threaten the company. Digital Turbine helps companies monetize mobile content, generally on apps. At the end of June, Google said that starting in August, it will require new apps published in the Google Play store to be published with the Android App Bundle, a move Digital Turbine had been preparing for since 2019.