Is the Worst Over for Skillz Stock?
It was less than four months ago that mobile video game platform Skillz(NYSE:SKLZ) was flying high, with a market capitalization of $16 billion and a brand-new partner in the National Football League. Investors thought the deal with the NFL would vault the company to profitability and open up a huge runway for growth.
But the optimism reversed course quickly. A short-seller report came out soon thereafter that questioned the growth story, accusing Skillz of exaggerating revenue projections, and…
