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The San Francisco, Calif.-based company gained popularity during an increase in online social gaming as the COVID-19 pandemic fostered remote lifestyles.
However, closing yesterday’s trading session at $7.65, the stock is currently trading 37.9% below its 52-week high of $12.3, which it hit on February 19, 2021. In addition, the stock has declined 30.4% in price over the past six months and 22.5% year-to-date.
