In today's video I look at fundamentals and recent news for The Beachbody Company (BODY 4.84%) and Digital Turbine (APPS 4.12%). Both companies had a rough week in stock price, which could give long-term investors strong growth potential. Here are a few highlights from the video. 

  1. When the market closed on Friday, July 2, Beachbody was down over 24% within the past five days, and Digital Turbine was down over 10% during the same time. There had been no significant news updates to correlate with the price drops. 
  2. Digital Turbine has been very aggressive in growing its market share. It has completed two acquisitions of leading mobile advertising platforms to maintain that growth in the past three months. 
  3. In the pro forma Q1 2021 results for Beachbody, the company reported 39% year-over-year (YOY) subscription growth, 43% YOY revenue growth, and 71% YOY total streams growth. 

Click the video below for my full thoughts and analysis. 

*Stock prices used were the closed prices of July 2, 2021. The video was published on July 2, 2021.