Stock Track | Playtika Plunges 5.11% in Pre-market After Q4 Earnings Miss

Stock Track

2025/02/27

Playtika Holding Corp. (PLTK) experienced a pre-market plunge of 5.11% on Thursday, following the company's disappointing fourth-quarter earnings results.

The mobile game developer reported a net loss of $16.7 million, or $0.04 per share, for the fourth quarter of 2024. This fell short of analysts' expectations, which had projected earnings of $0.18 per share.

While Playtika's revenue of $650.3 million for the quarter beat Wall Street forecasts, the company's weaker-than-expected bottom-line performance appears to have weighed on investor sentiment, leading to the pre-market sell-off in its shares.

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(PLTK) experienced a pre-market plunge of 5.11% on Thursday, following the company's disappointing fourth-quarter earnings results.</p>\n\n<p>The mobile game developer reported a net loss of $16.7 million, or $0.04 per share, for the fourth quarter of 2024. 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