Here's Why Skillz Could Continue Shedding Users
Mobile gaming platform Skillz (NYSE: SKLZ) gained momentum at the pandemic onset when folks began spending more time at home. The change in consumer behavior led to a surge in demand for in-home entertainment, boosting companies that could provide those services.
People are cautiously spending more time away from home as a global vaccination campaign against COVID-19 is progressing. The reversal in the stay-at-home trend is causing some pain for companies like Skillz. And that's not the only reason why Skillz could continue shedding users in the near term.
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Source Fool.com
