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Justplay lol games4/29/2023 Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms. The company’s ability to successfully integrate studios and enhance their mobile entertainment platforms through leveraging its proprietary Boost platform continues to drive its financial and operational success.Ībout Playtika Playtika (NASDAQ: PLTK) is a mobile gaming entertainment and technology market leader with 35 million monthly active users across a portfolio of multiple games titles. This acquisition is the latest in Playtika’s long and successful history as a consolidator. We look forward to working with the JustPlay.LOL team to further expand that base and to provide them the best entertainment experience possible.” “JustPlay.LOL has organically built an impressive community of engaged users. “The acquisition of JustPlay.LOL and its leading title, 1v1.LOL, continues our strategy of diversifying the game genres we operate in as we leverage our industry-leading game operations technology to grow revenue via our Boost Platform,” said Eric Rapps, Playtika’s Chief Strategy Officer. The acquisition is consistent with Playtika’s strategy to increase its breadth of entertainment genres and leverage the company’s Boost platform to enhance game-operations. (NASDAQ: PLTK) today announced the acquisition of Israel-based, JustPlay.LOL, creator of the multiplayer game, 1v1.LOL, which expands the company’s offering into the Action and Battle Royale genres. HERZLIYA, Israel, Ma/PRNewswire/ - Playtika Holding Corp. Playtika shares are trading lower amid overall market weakness.Acquisition Furthers Playtika’s Growth Strategy with Expansion into High Growth Action and Battle Royale Genres The stock spiked late Monday amid Joffre Capital agreeing to acquire a 20% stake in the company for $21 per share and has since pulled back. Playtika shares are trading lower amid overall market weakness. Joffre Capital to Buy Minority Stake in Playtika at $21/ShareĠ2:44 PM EDT, (MT Newswires) - Private equity firm Joffre Capital has agreed to purchase 106.1 million shares, or 25.7%, of Israel-based mobile games developer Playtika Holding Corp. Playtika's Largest Shareholder Strikes Deal With Joffre - Market Talkġ6:26 ET - Mobile-game company Playtika says its largest shareholder, Playtika Holding UK II Ltd., entered into a stock-purchase agreement with private equity firm Joffre Capital. (CX) encountered a rapid change of -0.26% in the last hour of trading session. (PLTK) with the stream of -8.62% also noticed, India CEMEX, S.A.B. ![]() Stock is blowing up: Playtika Holding Corp. Today, Giant Network issued a progress notice on the sale of equity assets by participating subsidiaries, which revealed that Giant Network Group Co., Ltd. This transaction may have a significant positive impact on Giant's network profits. Zhitong Financial APP learned that on June 29th, the indirect shareholding subsidiary of Giant Network (002558.SZ) planned to sell 106102467 Playtika (PLTK.US) shares to Joffre Capital at $21 each, accounting for about 25.73% of the latter's total share capital, with a total transaction value of $2.22815 billion. Giant Network (002558.SZ) indirect shareholding subsidiary intends to sell 25.73% of the total share capital of Playtika (PLTK.US) for $21 per share. STOCK NEWS: Nike (NKE) reported upbeat Q4 results, but its FY23 guidance was below consensus and market ![]() ![]() Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. What You Missed On Wall Street This Morning is investigating potential claims against the officers and directors of Playtika Holding Corp. Newsfile 2 8:53 PMWilmington, Delaware-(Newsfile Corp. Research providers may coĭate Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 9.49% Citigroup $17 → $15 Maintains Neutral 53.28% Morgan Stanley $23 → $21 MaintainĬitigroup Maintains Neutral on Playtika Holding, Lowers Price Target to $15Ĭitigroup analyst Jason Bazinet maintains Playtika Holding (NASDAQ:PLTK) with a Neutral and lowers the price target from $17 to $15. Citigroup Adjusts Playtika's Price Target to $15 From $17, Maintains Neutral RatingĠ8:54 AM EDT, (MT Newswires) - (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe.
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