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The Latest Breaking News from Playtika

Gaming's Consolidation Spree Is Far From Over

Despite the harsh conditions the last year has left gaming in, social platforms such as Roblox and Fortnite continue to evolve into venues where people can hang out and participate in non-gaming activities.

International Business Times

Sega just bought Angry Birds maker Rovio

Sega just purchased Rovio, maker of Angry Birds, as the company looks to expand further into the mobile gaming sector.

Android Central

Gaming Industry Analyst Nick McKay Discusses The Future Of The Gaming Industry

Wedbush Securities Vice President of Equity Research Nick McKay, shared his opinion on the future of the gaming industry.

Zenger

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1 Gaming Stock to Help Level up Your Portfolio in 2023

The Gaming industry witnessed a slight slowdown in 2022 after two years of pandemic-fueled growth. However, mobile gaming company Playtika’s (PLTK) average DPUs stood at 3.4% in the third quarter. Moreover, the company has maintained its revenue and adjusted EBITDA guidance for fiscal 2022. Thus, it could be wise to…

StockNews.com

2 Entertainment Stocks to Buy and Hold in 2023

The entertainment industry has been affected adversely, with record-high inflation tempering discretionary consumer spending. However, the industry’s long-term prospects look bright due to the strong demand for digital entertainment. Given this backdrop, fundamentally sound entertainment stocks Playtika Holding (PLTK) and SciPlay Corp. (SCPL) could be ideal buy-and-hold options in 2023.…

StockNews.com

Read Why Playtika's Shares Are Trading Higher Premarket

Playtika Holding Corp (NASDAQ: PLTK) shares are soaring in the premarket session today on the news of the majority stake being acquired by Private equity firm Joffre Capital.

Benzinga

Playtika Stock Slumps After Joffre Capital Takes 25.7% Stake Online Casino Gaming Group

Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.

The Street

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Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know

Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake

The Street

Playtika Q1 Performance, Q2 Outlook Lag Street Estimates

Playtika Holding Corp (NASDAQ:PLTK) reported first-quarter FY22 sales growth of 6% year-on-year to $676.9 million, missing the consensus of $680.72 million. Average daily payer conversion increased to 3.2%. The casual portfolio revenue grew 20.7% Y/Y, constituting 52.5% of total revenue. The costs and expenses rose 9.4% Y/Y to $556.5 million. The operating margin…

Benzinga

Skillz vs. Playtika: Which Mobile Gaming Stock is a Better Buy in 2022?

Today I'll analyze and compare Skillz (SKLZ) and Playtika Holding (PLTK) to determine which gaming stock is currently the better buy.

StockNews.com

Why Mobile Game Company Playtika Is Surging After Hours

Mobile gaming company Platika Holding Corp (NASDAQ: PLTK) announced fourth quarter and full fiscal year financial results after market close.

Benzinga

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