Bullish option flow detected in Digital Turbine with 8,175 calls trading, 4x expected, and implied vol increasing over 7 points to 63.29%. Jan-24 7.5 calls and Dec-23 5.5 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 7th.
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Read More on APPS:
- Digital Turbine price target lowered to $5 from $10 at B. Riley
- Digital Turbine price target lowered to $12 from $18 at Craig-Hallum
- Digital Turbine price target lowered to $5 from $6 at Roth MKM
- Digital Turbine price target lowered to $6 from $7 at BofA
- Digital Turbine sees Q3 adjusted EPS 16-19c, consensus 18c