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Skillz Inc. (SKLZ) Moves 14.5% Higher: Will This Strength Last?
SKLZskillz(SKLZ) Zacks Investment Research·2024-02-13 16:11

Skillz Inc. (SKLZ) shares rallied 14.5% in the last trading session to close at 7.41.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s29.47.41. 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 29.4% gain over the past four weeks.Improving user economics and solid development on its product efforts have been boosting investors’ confidence.This company is expected to post quarterly loss of 1.49 per share in its upcoming report, which represents a year-over-year chang ...