bearish

Skillz

Is This the Endgame?

258 Views25 Feb 2022 10:18
Syndicated
SUMMARY
  • When Skillz announced that Harry Sloan’s was taking the company public in 2020, investor sentiment grew.
  • Skillz offered an innovative platform that had not been implemented in the mobile gaming space, prompting investors to pay a premium for the deal
  • However, over the last year, the company has seen a dramatic decline in its stock price, declining nearly 94%
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