$Skillz (SKLZ.US)$ Market always overreact to earning report...
$Skillz(SKLZ.US$
Market always overreact to earning report even it’s a near missed. The company has reaffirmed it’s overall growth. the new Big Buck Hunter: Marksman is also hitting the number one spot in the sports category of the App Store since sept.
Prior to the earning report, Shares of Skillz were jumping over 10% higher in midday trading Wednesday after Citi resumed coverage of the the mobile esports platform with a buy rating and a $23-per-share price target.
Market always overreact to earning report even it’s a near missed. The company has reaffirmed it’s overall growth. the new Big Buck Hunter: Marksman is also hitting the number one spot in the sports category of the App Store since sept.
Prior to the earning report, Shares of Skillz were jumping over 10% higher in midday trading Wednesday after Citi resumed coverage of the the mobile esports platform with a buy rating and a $23-per-share price target.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
102539156 Dan : Yes... it’s normal to miss bY abit.. growth still Good..
What’s wrong with ppl nowadays?
Some earnings increaseD abit n best estimate... it’s surged More than 10%...
Shd be institutional players doings...
How to buy stocks like that... one earning can up or down more than 10%...
Dynamic wildcat 102539156 Dan : could be institutional short to create panic and buy back later at lower price?
102539156 Dan Dynamic wildcat : Maybe... hopefully .. coz I see d drop narrow down now
Sometime earnings good, pre mkt surge a lot. Then suddenly open mkt drop down...
High Profit Low Loss : This is the sentiment of the market. Follow ppl emotions.