Skillz inc. (SKLZ) PT Lowered to $7 at Canaccord Genuity

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Why Shares of Video Game Company Skillz (SKLZ) Crashed 40% Today

February 24, 2022 8:24 AM EST

Shares of Skillz (NYSE: SKLZ) have plummeted nearly 40% in premarket trading Thursday after the company reported worse-than-expected Q4 financial results.

Skillz posted a loss per share of 25 cents in the quarter, compared to the loss per share of 14 cents in the year-ago... More