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Why Skillz Stock Is Flying Higher Today

TheMotleyFool

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Shares of Skillz (NYSE: SKLZ) stock, which had been pummeled in the tech stock sell-off over the past few weeks, is swinging higher in afternoon trading, up 15.4% as of 12:25 p.m. EDT. And you can probably thank Cathie Woods for that.

The famed tech investor, who had been an aggressive buyer of Skillz stock last month and in early May, as well, appears to have been taking advantage of the sell-off to scoop up even more cheap shares of the San Francisco-based mobile-games platform this week.

Image source: Getty Images.

Source Fool.com

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