What’s Up With Skillz Stock Today?
Shares of Skillz were trading lower Wednesday after reporting second-quarter financial results after the market close Tuesday. Here’s what investors should know.
Canaccord Genuity Maintains Buy on Skillz, Lowers Price Target to $23
Canaccord Genuity maintains Skillz (NYSE:SKLZ) with a Buy and lowers the price target from $30 to $23.
Understanding Skillz’s Unusual Options Activity
Shares of Skillz (NYSE:SKLZ) saw some unusual options activity on Wednesday. Following the unusual option alert, the stock price moved down to $12.75.
Skillz Q2 Adj. EPS $(0.21) Misses $(0.10) Estimate, Sales $89.49M Beat $88.20M Estimate
Skillz (NYSE:SKLZ) reported quarterly losses of $(0.21) per share which missed the analyst consensus estimate of $(0.10) by 110 percent. The company reported quarterly sales of $89.49 million which beat the analyst
Earnings Scheduled For August 3, 2021
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Skillz Shares Move Higher; Traders Circulate TipRanks Report Titled ‘Wells Fargo Sets Expectations on Skillz Stock Ahead of Earnings’
https://www.tipranks.com/news/article/wells-fargo-sets-expectations-on-skillz-stock-ahead-of-earnings/
Understanding Skillz’s Unusual Options Activity
On Thursday, shares of Skillz (NYSE:SKLZ) saw unusual options activity. After the option alert, the stock price moved down to $14.1.
Cathie Wood Doubles Down On Teladoc, Spotify, Shopify As Stocks See Earnings-Related Dips
Cathie Wood-led Ark Investment Management on Wednesday piled up 713,842 shares, estimated to be worth about $108.37 million, in Teladoc Health Inc (NYSE: TDOC), a day after the telemedicine company
Understanding Skillz’s Unusual Options Activity
Skillz (NYSE:SKLZ) shares experienced unusual options activity on Monday. The stock price moved down to $14.78 following the option alert.