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Digital Turbine Climbs 17% On News Of S&P MidCap Entry

Shares of software company Digital Turbine, Inc. (APPS) are soaring 17 percent on Tuesday's trading following the announcement that the company will be making its entry in the S&P MidCap 400, before trading begins on September 7.

Digital Turbine will be replacing Ligand Pharmaceuticals (LGND) in the S&P MidCap 400.

The stock is currently trading at $59.76, up $8.57 or 16% on the Nasdaq. APPS has traded between $20.60 and $102.56 during the past 52 weeks.

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