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On July 21, I last reported on Digital Turbine (APPS) (i.). At that time, the stock was still priced at $8.89. It has now broken out to a new 52-week high and is trading at approximately $14.40, which corresponds to an increase of around 62%. What has happened since then? Digital Turbine allows app developers to place their software directly on Android smartphones before the end customer sets up the device for the first time. Revenues mainly arise from a cost-per-install structure: advertisers pay for each successful placement on the end device....
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