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Why Skillz Stock Died Yesterday and Revived Today


Shares of mobile games platform Skillz (NYSE: SKLZ), the successful 2020 SPAC IPO that's lost most of its gains over the last couple of months, are taking investors for another wild ride this week.

Yesterday, Skillz stock dropped 11.1% below its Friday close on no apparent bad news. Today, the stock is making back all of those losses and more, gaining 13.3% through 10:15 a.m. EDT -- also on no news of note.

Image source: Getty Images.

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Source Fool.com

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