Down More Than 30% in the Past 3 Months, is Now a Good Time to Scoop Up Shares of Skillz?

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Consequently, the stock has lost 33.5% in price over the past three months and 31.1% over the past month, to close Friday’s trading session at $10.50. Moreover, it has declined 26.4% since reporting lackluster second-quarter earnings results on August 3 and hit its 52-week low of $10.06 on August 19.

Also, SKLZ’s near-term prospects look bleak since a pandemic-driven surge in demand for mobile games could decline in the coming months.

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