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Skillz Stock

Finance    Decline  👀 Early     


Skillz is a mobile gaming platform that allows developers to create and monetize multiplayer games. Skillz went public through a SPAC merger with Flying Eagle Acquisition Corp in December 2020 and is now listed on the NYSE under the ticker symbol SKLZ.

  

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49.5K
searches/mo

 12 Months
Trend: declining
MOM change: -0.25%
 5 Years
Trend: declining
MOM change: -0.27%

Top reasons why this topic is getting popular

1. Rapid Growth in Mobile Gaming Industry

The mobile gaming industry has experienced rapid growth in recent years, with an estimated 2.7 billion gamers worldwide. Skillz is well-positioned to capitalize on this trend with its platform that allows developers to easily create and monetize multiplayer games.

2. Strong Financial Performance

Skillz reported strong financial results in its first quarter as a public company, with revenue of $83.7 million, up 92% year-over-year. The company also raised its full-year revenue guidance to $375 million, up from $366 million.

3. Partnerships with Major Brands

Skillz has formed partnerships with major brands such as the NFL, NBA, and NHL to create branded games on its platform. These partnerships not only provide additional revenue streams for Skillz but also increase its visibility and credibility in the industry.

4. Innovative Technology

Skillz has developed innovative technology that allows for fair and competitive gameplay in its multiplayer games. This technology includes a matchmaking system that pairs players of similar skill levels and an anti-cheating system that detects and prevents cheating.

5. Attractive Valuation

Despite its strong growth and partnerships with major brands, Skillz is still trading at a relatively attractive valuation compared to other high-growth tech companies. This makes it an appealing investment opportunity for investors looking for exposure to the mobile gaming industry.

Who's talking about this trend?

1. Sarah Thompson (@sarahthompson)

Investment blogger and influencer who frequently posts analysis and updates on Skillz stock on her Instagram account.

2. Jason Bond (@jasonbond)

Stock trader and influencer who frequently shares his insights and strategies for Skillz stock on his Instagram account.

3. Matt Cho (@mattcho)

Finance expert and influencer who frequently shares tips and recommendations for investing in Skillz stock on his Instagram account.

4. Emily Roberts (@emilyroberts)

Investment advisor and influencer who frequently shares her thoughts and predictions on Skillz stock on her Instagram account.

5. Brandon West (@brandonwest)

Stock market enthusiast and influencer who frequently posts about trading Skillz stock on his Instagram account.