Down Over 65% From Its Highs, Is Skillz Stock Finally Cheap?

Down Over 65% From Its Highs, Is Skillz Stock Finally Cheap?

On Feb. 5, investors in mobile-gaming platform Skillz (NYSE: SKLZ) were clanking champagne glasses, celebrating the stock reaching an all-time high of $46.30 per share. Skillz stock crashed just as quickly as it soared. Additionally, retail investors are supposedly relinquishing growth stocks and buying value stocks instead.