DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) shares rallied 11.9% in the last trading session to close at $16.50. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.3% gain over the past four weeks. The addition of new meta features to its flagship app, including DoubleDown Casino, appears to be driving positive investor sentiment. This company is expected to post quarterly earnings of $0.55 per share ...

SEATTLE, Sept. 30, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today a planned donation of $10,000 to the American Cancer Society (ACS) in honor of Breast Cancer Awareness Month. DoubleDown Casino, which is played daily by millions of fans worldwide on both desktop and mobile devices, will invite players to engage with and show support for the charitable donation ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

Shares of DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) have gained 26.6% over the past four weeks to close the last trading session at $14.56, but there could still be a solid upside left in the stock if shortterm price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $20.08 indicates a potential upside of 37.9%. The mean estimate comprises three short-term price targets with a standard deviation of $5.20. While the lowest estimate of $16.25 indica ...

A spate of positive economic data released over the past couple of weeks has alleviated fears of a recession in the near term. Consumer sentiment, which was on the decline following concerns that the economy was slowing down due to high inflation, has also rebounded sharply in August. The University of Michigan's preliminary consumer sentiment index rose to 67.8 in August from the final reading of 66.4 in July. This was also above the consensus estimate of a reading of 66.9. The survey's outlook for inflati ...

DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trend ...

Shares of DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) have gained 1.8% over the past four weeks to close the last trading session at $12.16, but there could still be a solid upside left in the stock if shortterm price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $19.31 indicates a potential upside of 58.8%. The average comprises four short-term price targets ranging from a low of $16.25 to a high of $26, with a standard deviation of $4.52. Whi ...

DoubleDown Interactive Co., Ltd. (DDI) reported stellar second-quarter 2024 results with earnings and revenues topping the Zacks Consensus Estimate and increasing on a year-over-year basis. The quarterly performance uptrend was backed by increases in its social casino business along with synergies from the introduction of new meta-features in its flagship app, DoubleDown Casino. The enhanced application continued to showcase strong improvements in player engagement and monetization, reflecting year-over-yea ...

sturti Thesis DoubleDown Interactive (NASDAQ:DDI), a top player in digital games, reported exceptional numbers in Q2 2024. They reported GAAP EPS of $13.39 and revenue of $88.24 million, beating expectations by $4.8 million. And despite a tough market, DoubleDown outperformed, with growth in their social casino games. My analysis shows the company's strong financials and smart moves, like buying SuprNation, set them up to seize market opportunities and close the gap between their current low value and what ...