Playtika Holding Corp. (PLTK): Price and Financial Metrics
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PLTK Price/Volume Stats
|Current price||$26.16||52-week high||$36.06|
|Prev. close||$26.18||52-week low||$20.88|
|Day high||$26.52||Avg. volume||1,318,337|
|50-day MA||$25.08||Dividend yield||N/A|
|200-day MA||$0.00||Market Cap||10.72B|
Playtika Holding Corp. (PLTK) Company Bio
Playtika Holding Corp. operates as a digital entertainment company. The Company specializes in the development and publication of free to play mobile games. Playtika Holding serves customers worldwide.
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Latest PLTK News From Around the Web
Below are the latest news stories about Playtika Holding Corp that investors may wish to consider to help them evaluate PLTK as an investment opportunity.
HERZLIYA, Israel, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ:PLTK), a leading mobile gaming company, today announced that the company will participate in the following upcoming virtual investor conferences. Citi’s 2021 Virtual Global Technology Conference. Craig Abrahams, Playtika’s President and Chief Financial Officer will virtually present a fireside chat on September 13, 2021 at 10:50 a.m. PT/1:50 p.m. ET.Goldman Sachs’ 2021 Communacopia Conference. Robert Antokol, Pla
There comes a point when repetition gets boring. Both the S&P 500 and the NASDAQ saw out the week trading at - or just a touch under - record high levels again. The reaction was a sort of verbal shrug: “Oh, another new stock record.” There’s definitely a feeling ‘out there’ that we’re getting used to this, that this is normal. It’s a crazy-high bull run, and with luck, it’s not leading to a bubble. Investors are optimistic and looking for stocks to buy – and as long as that mood prevails, we’ll continue to see repeated record highs in the markets.
Gaming company Playtika Holding (PLTK) revealed that it has acquired about 80% stake in Reworks Oy in an all-cash deal of $400 million. Reworks is a mobile apps company that fuses lifestyle content and social gaming. The remaining interest will be acquired for up to $200 million based on 2022 Company EBITDA. As per the agreement, if the agreed-upon 2022 Company EBITDA target is not exceeded, the outstanding 20% will be transferred to Playtika for $1. This acquisition is expected to increase Playtika’s 2021 revenue by about $30 million. Furthermore, the acquisition is a part of Playtika’s growth strategy, as it provides a large and highly engaged community of design enthusiasts.
These four Israel stocks have a robust business model and look attractive for a long-term portfolio, making them prime stocks to buy.
Playtika Holding Corp. said late Tuesday it was acquiring design entertainment company Reworks Oy in a deal valued up to $600 million based on agreed upon financial targets.
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