Playtika Holding Corp. (PLTK) 

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Playtika Holding Corp. ("Playtika" or "the Company") (NASDAQ: PLTK). The investigation concerns whether Playtika and certain of its officers and/or directors have violated federal securities laws.

 

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 of $0.09 missed consensus estimates by $0.04.  On this news, Playtika’s stock price fell sharply during intraday trading on May 11, 2021.

 

 

If you are aware of any facts relating to this investigation, or purchased Playtika shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.