Why Skillz (SKLZ) Stock Is Trading Lower Today [Yahoo! Finance]

Skillz Inc. Class A (SKLZ)
Company Research
Source: Yahoo! Finance
Shares of mobile game developer Skillz (NYSE:SKLZ) fell 12.9% in the morning session after the company reported disappointing fourth-quarter 2024 results: Its user count, and the number of paying monthly active users fell short of Wall Street's estimates. Adding to the concern, key metrics we track fell below Wall Street's expectations, including sales, EBITDA, and EPS. Notably, sales plummeted 30% year on year, reflecting a persistent decline in platform engagement and competitive pressures. This drop in revenue, combined with elevated operating expenses, pushed adjusted EBITDA deeper into negative territory. Overall, this was a softer quarter. The shares closed the day at $4.39, down 13.9% from previous close. The stock market overreacts to n
Read more
Impact Snapshot
Event Time:
SKLZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SKLZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SKLZ alerts
High impacting Skillz Inc. Class A news events
Weekly update
A roundup of the hottest topics
SKLZ
News
- Skillz Receives NYSE Notice Regarding Late Form 10-K FilingBusiness Wire
- Q4 Earnings Outperformers: Robinhood (NASDAQ:HOOD) And The Rest Of The Consumer Internet Stocks [Yahoo! Finance]Yahoo! Finance
- Analysts Have Lowered Expectations For Skillz Inc. (NYSE:SKLZ) After Its Latest Results [Yahoo! Finance]Yahoo! Finance
- Skillz Inc. (NYSE: SKLZ) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $15.00 price target on the stock.MarketBeat
- Skillz (NYSE:SKLZ) Misses Q4 Revenue Estimates, Stock Drops [Yahoo! Finance]Yahoo! Finance
SKLZ
Earnings
- 3/13/25 - Miss
SKLZ
Sec Filings
- 4/8/25 - Form 8-K
- 3/17/25 - Form NT
- 3/13/25 - Form 8-K
- SKLZ's page on the SEC website