Add this to the list of problems for Skillz (SKLZ 2.04%) stock as it struggles to recover from massive declines in its stock price.
*Stock prices used were the afternoon prices of Jan. 19, 2023. The video was published on Jan. 21, 2023.
Skillz Reprimanded by SEC for Using Unconventional Metric
The gaming company started using a new metric that unsettled the SEC.
By Parkev Tatevosian, CFA – Jan 22, 2023 at 11:33AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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