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OFFON

PLAYTIKA HOLDING CORP.

(PLTK)
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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation Its of Playtika Holding Corp. (PLTK) on Behalf of Investors

11/12/2021 | 12:01pm EST

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Playtika Holding Corp. (“Playtika” or the “Company”) (NASDAQ: PLTK) investors concerning the Company’s possible violations of the federal securities laws.

If you suffered a loss on your Playtika investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/playtika-holding-corp/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On or around January 15, 2021, Playtika conducted its initial public offering ("IPO"), selling 18.5 million shares of common stock priced at $27.00 per share. Then, on May 11, 2021, Playtika announced its financial results for the first quarter of 2021. While the Company's revenue beat expectations by $57.97 million, its GAAP earnings per share ("EPS") of $0.09 missed consensus estimates by $0.04. On this news, Playtika's stock price fell $0.93 per share, or 3.47%, to close at $25.89 per share on May 11, 2021.

Then, on November 3, 2021, Playtika announced its financial results for the third quarter of 2021. Among other items, Playtika reported revenue of $635.9 million, missing consensus estimates by $26.07 million, and GAAP EPS of $0.20, missing consensus estimates by $0.05.

On this news, Playtika’s stock price fell $6.80, or 23%, to close at $22.72 per share on November 3, 2021, thereby injuring investors further.

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Whistleblower Notice: Persons with non-public information regarding Playtika should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com.

About GPM

Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. ISS Securities Class Action Services has consistently ranked GPM in its annual SCAS Top 50 Report. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPM’s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM’s lawyers have handled cases covering a wide spectrum of corporate misconduct including cases involving financial restatements, internal control weaknesses, earnings management, fraudulent earnings guidance and forward looking statements, auditor misconduct, insider trading, violations of FDA regulations, actions resulting in FDA and DOJ investigations, and many other forms of corporate misconduct. GPM’s attorneys have worked on securities cases relating to nearly all industries and sectors in the financial markets, including, energy, consumer discretionary, consumer staples, real estate and REITs, financial, insurance, information technology, health care, biotech, cryptocurrency, medical devices, and many more. GPM’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


ę Business Wire 2021
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Analyst Recommendations on PLAYTIKA HOLDING CORP.
More recommendations
Financials (USD)
Sales 2021 2 578 M - -
Net income 2021 283 M - -
Net Debt 2021 1 358 M - -
P/E ratio 2021 22,1x
Yield 2021 -
Capitalization 6 198 M 6 198 M -
EV / Sales 2021 2,93x
EV / Sales 2022 2,51x
Nbr of Employees 3 800
Free-Float 16,7%
Chart PLAYTIKA HOLDING CORP.
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Playtika Holding Corp. Technical Analysis Chart | PLTK | US72815L1070 | MarketScreener
Technical analysis trends PLAYTIKA HOLDING CORP.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 15,13 $
Average target price 29,91 $
Spread / Average Target 97,7%
EPS Revisions
Managers and Directors
Robert Antokol Chairman & Chief Executive Officer
Craig J. Abrahams President-Global Development
Erez Rachmil Chief Technology Officer
Marc A. Beilinson Independent Director
Bing Yuan Independent Director
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