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 -
sourceI have $SKLZ at $11. Lol
billyd1984texas - 3 upvotes -
sourceSklz has only 30% in it
billyd1984texas - 3 upvotes -
sourceSklz plug the printer 🖨 back in
Bananoplush - 2 upvotes -
source$SKLZ is mooning🚀🚀
ando421 - 2 upvotes -
sourceThat 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 -
sourceDoubled down on sklz last week, not regretting
billyd1984texas - 1 upvotes -
sourceSKLZ dont get limp on me now
billyd1984texas - 1 upvotes -
sourceSKLZ this is just foreplay see you at $15
billyd1984texas - 1 upvotes -
sourceIf SKLZ breaks $10 I'll eat a pineapple skin and all
Bananoplush - 1 upvotes -
source$sklz is flying