7.275
price down icon0.14%   -0.005
 
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Why is Playtika Holding Corp (PLTK) Stock down?

08 Nov, 2023:

Shares of Playtika Holding Corp (PLTK) dropped by 7.83% from $8.69 to $8.01 in the trading on Wednesday, Novemeber 8, 2023. The reason why PLTK down is due to its Q3 earnings report. In this report, Playtika Holding reported a 2.7% decrease in revenue at $630.1 million compared to the same period last year. The EPS came in at $0.19, slightly higher than $0.17 in the previous year's quarter. However, both revenue and EPS fell short of the Zacks Consensus Estimates, with revenue showing a -1.96% surprise and EPS a -9.52% surprise. Investors closely monitor such figures, impacting the stock's performance.

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