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Here's Why Skillz Stock Popped Today


Shares of mobile-gaming platform Skillz (NYSE: SKLZ) got a boost on Thursday after the company announced a former Amazon executive is joining its corporate leadership team. As of 1:45 p.m. EDT, Skillz stock was up almost 10%.

Vatsal Bhardwaj is joining Skillz as its chief product officer after previous stints at Amazon, Facebook, and Zynga, among others. I think investors are probably happy to see previous experience at these large public companies. However, I believe there's something more important here: While at Amazon, Bhardwaj was general manager and director of game tech for Amazon Web Services (AWS).

Image source: Getty Images.

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Source Fool.com

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