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LeoPatrizi/E+ via Getty Images Estimating that the Street is overvaluing AppLovin's (APP) first-party games business and third-party network, Morgan Stanley downgrades the company from Overweight to Underweight and maintains a $68 sum-of-the-parts price target. Analyst Brian Nowak notes that ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the S&P 500 near all-time highs since bottoming last year, many probably feel it’s impossible to find viable cheap stocks today. After all, this situation has also been complicated by the popularity of &...
Zynga Inc. (Nasdaq: ZNGA) today announced it will report its second quarter 2021 financial results on Thursday, August 5, 2021, at approximately 1:05 p.m. Pacific Time (4:05 p.m. Eastern Time). At this time, Zynga will post management’s Q2 2021 Quarterly Earnings Letter, which in...
Roblox’s metaverse has created a lot of hype. It seems like these days, marketing is more important than fundamentals. Although Roblox is the online gaming leader in the U.S., it doesn’t look close to achieving operating profitability moving forward. While it has bee...
Zynga has put out appealing revenue growth for 2021 and 2022. However, the company is highly acquisitive and I'm not convinced that these acquisitions are driving shareholder value. Zynga appears cheaply valued at 4x forward sales. But there's more to the story than first meets th...
Zynga (NASDAQ: ZNGA) has come a long way since Farmville was its only hit mobile game. This mobile video gaming specialist expects to hit $2.7 billion in full-year revenue on the back of new releases such as Harry Potter: Puzzles & Spells and Star Wars: Hunters and t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Thanks to the overwhelming popularity of meme trades along with the dramatic speculation in the major indices, you might assume that it’s difficult to find viable cheap stocks to buy under $20. To be fair, this isn...
Check Out These 5 Top Growth Stocks In The Stock Market Today Investing in growth stocks can be a great way to make money in the stock market . For many individuals, the key objective is to construct a portfolio to at least beat inflation. But I guess it’s safe to say tha...
Gaming has been booming as the pandemic has kept people at home more. The mobile video game market in particular has been flourishing. More than 2.5 billion people played a mobile game in 2020, according to one source, 12% more than in 2019. And the mobile gaming industry is changin...
Palm Beach, FL – June 2, 2021 – Last year as the pandemic thrived, gamblers had to shift away from traditional methods… and it birthed a growth in Esports betting numbers, sites and players. Live esports betting has becoming a massive industry that is showing no signs o...
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