Connect with us

Hi, what are you looking for?

Stock

Leverage Mobile Gaming’s Momentum with Skillz

Stock Markets40 minutes ago (Jun 28, 2021 02:30PM ET)

(C) Reuters. Leverage Mobile Gaming’s Momentum with Skillz

Skillz (SKLZ) stock still has ample room for upside as the company acquires a value-added business with a machine-learning angle.Here’s a bit of trivia for you. Upon its reverse merger with special purpose acquisition company (SPAC) Flying Eagle Acquisition, Skillz SKLZ> actually became the first publicly traded mobile esports platform. But don’t try to hunt for Flying Eagle on the stock market anymore, as it’s been replaced by former high flyer SKLZ stock.

I say, “former high flyer,” because the stock had the makings of a meme-stock runner in February. I can’t prove that Reddit users were involved, but I have my suspicions.

Today, SKLZ stock is trading at a heavily discounted price point. Yet, it appears to be regaining lost ground, so momentum traders don’t need to worry about catching a proverbial falling knife.

Continue reading on StockNews

Leverage Mobile Gaming’s Momentum with Skillz

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Stock

Stock Markets25 minutes ago (Jul 16, 2021 05:46PM ET) (C) Reuters. FILE PHOTO: Johnson & Johnson’s Neutrogena Cool Dry Sport sunscreen, which is part...

Tech

Builders, creators and developers, this one’s for you! TechCrunch has always been about discovering fresh solutions and shining the light on exciting, new products...

Disclaimer: Wisegazette.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial or health advice. Copyright © 2021 Wise Gazette. All Rights Reserved