Skillz: A Financial Disaster

03:14am, Thursday, 02'nd Jun 2022
The poster child of the SPAC craze has cratered with the stock now down over 96% from its all-time high last year. The mobile gaming platform company operates in an industry with a large TAM but it is
Continued cash burn plus further negativity about growth stocks will likely put more pressure on SKLZ stock from here. The post Recent Results Fail to Change the Game for Skillz Stock appeared first o
Monday welcomed these growth stocks with several analyst downgrades.
Growth has slowed for the competitive gaming company.

Why Is Skillz Losing So Much Money?

09:01am, Saturday, 21'st May 2022
Growth investments are outpacing revenue, which is leading to massive loses on the bottom line.
Buying dips this steep isn't for the fainthearted, but with a long-term focus they could be high-growth opportunities.
Skillz' online e-gaming business model failed to work at scale. The company faces a difficult challenge in cutting its expenses, and SKLZ stock will struggle.
The market has fallen out of love with growth stocks. Unfortunately, these two have been among the worst affected.
Select analysts foresee these downtrodden tech stocks skyrocketing over the next 12 months.

Better Value Tech Stock: Wish or Skillz

10:10am, Monday, 09'th May 2022
One of these fallen growth stocks has a better shot at a comeback.
A widening net loss and shrinking cash position put the burden of proof on the company.
The company shed paying monthly active users despite a major investment in marketing.
SKLZ stock is still not worth buying, even though Skillz now projects it will reduce its market costs to just 10% of revenue. The post SKLZ Stock Won't Be a Buy Until Skillz's Marketing Expenses Fall
Skillz Inc. (SKLZ) delivered earnings and revenue surprises of 0% and 1.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Skillz, Inc. (NYSE:SKLZ ) Q1 2022 Earnings Conference Call May 4, 2022 5:30 PM ET Company Participants Stefan Gerhard - VP, Finance Andrew Paradise - Co-Founder, CEO, President & Chairman Casey Chafki
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE