Why Skillz Is Rising for a Second Straight Day

Shares of Skillz (NYSE: SKLZ) are rising another 2.4% at 11:23 a.m. EST on Thursday after soaring 27% yesterday following the mobile gaming platform's investor day presentation.

During the presentation, CEO Andrew Paradise revealed Skillz was pursuing a cloud gaming platform embedded in a playable ad to help it reach new audiences, lower the friction in bringing new players on board, and increase the ability of players to find new games.

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Source Fool.com