Mobile gaming company Skillz wins $43 mln patent verdict against AviaGames [Reuters]
Skillz Inc. Class A (SKLZ)
Company Research
Source: Reuters
The jury agreed with Skillz , opens new tab that AviaGames had infringed one of its patents willfully, which could lead the presiding judge to multiply the damages by up to three times the initial award. Skillz's general counsel Andrew Dahlinghaus called the verdict a "step in the right direction to promoting fairness in our industry." Attorneys for AviaGames did not immediately respond to a request for comment on the verdict. Skillz's platform enables multiplayer competitions in mobile gaming. It sued AviaGames for patent infringement in 2021, alleging that AviaGames' Pocket7Games app was a "copycat" of its platform with "knockoff" versions of its games. The lawsuit said that AviaGames stole its technology after launching a failed game on Skillz's platform in 2016. A Skillz attorney said during opening statements at the trial last week that AviaGames copied the technology as part of a "plan to kill Skillz," according to a court transcript. AviaGames denied the allegations. I
Show less
Read more
Impact Snapshot
Event Time:
SKLZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SKLZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SKLZ alerts
High impacting Skillz Inc. Class A news events
Weekly update
A roundup of the hottest topics
SKLZ
News
- New UFC FIGHT CARD RUMMY to Feature Live Tournament, Fan Favorite UFC Athletes and More [Yahoo! Finance]Yahoo! Finance
- Reflecting On Video Gaming Stocks' Q4 Earnings: Skillz (NYSE:SKLZ) [Yahoo! Finance]Yahoo! Finance
- Skillz, AviaGames to settle patent lawsuit over 'copycat' mobile games [Reuters]Reuters
- Skillz: Large Cash Position But Core Business Keeps Declining [Seeking Alpha]Seeking Alpha
- Skillz Receives NYSE Notice Regarding Late Form 10-K Filing [Yahoo! Finance]Yahoo! Finance
SKLZ
Earnings
- 3/14/24 - Beat
SKLZ
Sec Filings
- 4/8/24 - Form 8-K
- 3/18/24 - Form 4
- 3/14/24 - Form NT
- SKLZ's page on the SEC website