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Skillz (NYSE: SKLZ) is a unique gaming company because it allows competitors to wager real money on the outcome of the games played on the platform. The company did well during the pandemic when demand for in-home entertainment surged. That tailwind has dissipated, making it harder ...
Palm Beach, FL – June 17, 2022 – FinancialNewsMedia.com News Commentary – The global sports betting markets, unlike most, grew during the pandemic and are projected to continue to grow for years to come. The demand for sports betting is driven by facto...
Buying Penny Stocks on June 17th? Here’s What You Need to Know After another dismal day of trading penny stocks and blue chips, investors are excited for a new day. On Thursday, we saw major bearish sentiment that slides us even further into a bear market. [Read More] M...
Shares of mobile-gaming platform Skillz (NYSE: SKLZ) hit a new all-time low on Tuesday, sinking as far as $1.28 per share. The stock is now down 97% from its all-time high and finished today's session down 8%. Skillz didn't have direct news today, but there was a relevant develo...
Videogame sales slid to a 27-month low in May, marking its biggest pullback in months after a period relatively devoid of new releases. May's overall sales tumbled 19% to $3.68 billion from a year-ago $4.522 billion, according to NPD Group - with broad declines, but a particularly heavy drop ...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the speculative mania of 2020 and 2021 now a distant memory, many penny stocks that surged have all but given back their gains. Along with this, many former high-fliers have joined them, as members of the penny stock...
The poster child of the SPAC craze has cratered with the stock now down over 96% from its all-time high last year. The mobile gaming platform company operates in an industry with a large TAM but it is facing strong competition and the macro environment is posing serious headwinds. ...
Mobile game competition platform Skillz (NYSE: SKLZ) has been one of the market's biggest losers over the past year; shares have lost nearly 90% of their value. This year has been brutal for technology and growth stocks, and Skillz is far from the only stock to lose most of its valu...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Skillz ( SKLZ ) reported its latest quarterly results on May 4. The company continues to make little progress fixing its key issue: an unclear path to profitability. Although in turnaround mode, this will do litt...
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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...