Israel-based mobile gaming giant Playtika has filed for its long-awaited initial public offering (IPO).
Now it has a window of opportunity as gaming stocks are riding high, mostly because people are playing while sheltering in place during the pandemic. This window won’t necessarily last forever, particularly if bad economic news knocks the markets down again. But plenty of companies are lining up to take advantage of the moment. Skillz, a mobile esports company, went public on Thursday as it took advantage of the same trading window.
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