price down icon1.47%   -0.13
after-market  After Hours:  8.70 

Why is Playtika Holding Corp (PLTK) Stock down?

We've noticed a 12.04% decline in Playtika Holding Corp (PLTK) stock during the 2024-03-04 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
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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