Why Skillz Fell 16.9% in November

Shares of esports platform Skillz (NYSE: SKLZ) fell 16.9% in November, according to data from S&P Global Market Intelligence.

Skillz had a busy month, which contained its third quarter earnings report, saw the departure of a senior company executive, but also saw a big insider buy. Yet much of its decline was likely tied to the sell-off in high-growth stocks over fears of rising interest rates.

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Source Fool.com