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Skillz (NYSE: SKLZ) reported 2022 second-quarter financial results early in August that revealed a significant milestone. It finally lowered sales and marketing expenses to less than 100% of revenue. As the Federal Reserve started raising interest rates, it increased the cost of...
Cowen is curtailing its expectations for console videogame spending this year, pointing to additional hurdles from game delays as well as foreign exchange since its last look at the space. The firm expects 2022 console game spending to fall 7%, down from a previous estimate for a 1%...
Videogame sales continued a year-over-year decline in July - but at a moderating rate, and the spending tracked back toward near 2020 levels, with some help from increased console outlays. Overall sales fell 9% year-over-year to $4.177B, according to NPD Group, mirroring the 10%...
Skillz ( NYSE: SKLZ ) shares rose as much as 6%, Tuesday, on heavy trading volume and no notable news from the mobile games platform developer. More than 18 million shares of Skillz ( SKLZ ) had been exchanged heading towards Tuesday's close of trading. Skillz ( SKLZ...
The focus of this article is on penny stocks to buy for under $5. We look at recent trends, hot topics of discussion, and other details for you to look into. It’s up to you to decide if they’re the best penny stocks to buy or if they should be avoided entirely. Best Pe...
Since the mid-June lows, highly shorted names have again been outperforming. On a relative basis, the most heavily shorted stocks have been outperforming the Russell 3,000 in that time. This has resulted in the relative strength line to break out of the downtrend that has been in ...
Bireme Capital, LLC ("Bireme") is a Registered Investment Advisor ("RIA"), located in the Commonwealth of Pennsylvania and the State of Connecticut. Bireme provides investment advisory and related services for clients nationally. Fundamental Value dramatically outperformed the market ...
Experienced Portfolio Manager Brings Deep Financial Expertise As Skillz Builds for Profitable Growth Skillz (NYSE: SKLZ), the leading mobile games platform bringing fair competition to players worldwide, today announced that Henry Hoffman, Partner and Portfolio Manag...
Consumer videogame spending slipped 13% in the second quarter from the same period a year ago - an acceleration of year-over-year declines as the industry struggles through tough comparisons to a pandemic 2021, and wrestles its way out of supply-chain woes amid an inflation shock to ent...
Skillz ( NYSE: SKLZ ) is 13% lower Thursday, reflecting Wednesday's postmarket moves after the company noted a revenue shortfall for the second quarter and sharply cut its full-year outlook . That's brought a downgrade to Hold at Canaccord Genuity, which also lowered...
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2024-06-26 16:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-06 19:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...