Over 1 Year Ago
1 Min Read

SKLZ down -6%. Here's what's going on:



Skillz Inc - Class A (SKLZ) is trading -6% lower at $1.87 today. The Communication Services sector is having a generally slightly pessimistic day, this hasn't really affected the stock's share price, as it lagging other names in the space.

  • Analysts downgrades on user declines, poor execution

Skillz Inc - Class A has been trading between a 52-week high of $13.98 and a 52-week low of $1.15. The stock has a market cap of $692 Million.

Skillz is the leading mobile games platform that connects players around the world in fair, fun, and meaningful competition. The Skillz platform helps developers build multi-million dollar franchises by enabling social competition in their games. Leveraging its patented technology, Skillz hosts billions of casual esports tournaments for millions of mobile players worldwide, and distributes millions in prizes each month.

Headlines


Skillz shares climb 5% as gaming platform maker hits two-month high
Seeking Alpha 08-16-22

Skillz Inc. (SKLZ): Major Improvements, Worth A Look
Stocks Register 08-12-22

Henry Hoffman, Partner at SL Advisors, Joins Skillz Board of Directors
Kwhen Finance 08-05-22

Thursday Afternoon’s Analysts Upgrades or Downgrades include Chevron, Datadog, Under Armour, Yeti and More
24/7 Wall street 08-04-22

Skillz falls 13% as analysts probe user declines, execution
Seeking Alpha 08-04-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

CEO_of_SOXL - 3 upvotes - source
I have $SKLZ at $11. Lol

billyd1984texas - 3 upvotes - source
Sklz has only 30% in it

billyd1984texas - 3 upvotes - source
Sklz plug the printer 🖨 back in

Bananoplush - 2 upvotes - source
$SKLZ is mooning🚀🚀

ando421 - 2 upvotes - source
That brings up a great question. What exactly is “Excerising” compared to just outright selling. Might be a noob question but I had some $SKLZ calls get exercised automatically and I was super confused.

Secret-Sale-9703 - 1 upvotes - source
Doubled down on sklz last week, not regretting

billyd1984texas - 1 upvotes - source
SKLZ dont get limp on me now

billyd1984texas - 1 upvotes - source
SKLZ this is just foreplay see you at $15

billyd1984texas - 1 upvotes - source
If SKLZ breaks $10 I'll eat a pineapple skin and all

Bananoplush - 1 upvotes - source
$sklz is flying