SEOUL, South Korea, Nov. 11, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, today announced unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 vs. Third Quarter 2023 Summary:          Revenue increased to $83.0 million in the third quarter of 2024 from $73.0 million in the third quarter of 2023. SuprNation, a European iGam ...

DoubleDown Interactive Co., Ltd. (DDI) is likely to benefit from the SuprNation acquisition, social casino business and strategic investments. Also, the focus on DoubleDown Casino enhancements bodes well. However, elevated expenses and competitive pressures pose concerns. Factors Driving DDI Stock DoubleDown's acquisition of SuprNation, an iGaming platform, has opened new growth avenues. In the second quarter of 2024, SuprNation contributed $7.9 million in revenues, exceeding initial expectations. The compa ...

SEOUL, South Korea, Oct. 10, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and web-based platforms, announced today that it will release its 2024 third quarter financial results after the market closes on Monday, November 11, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public. On the ca ...

Shares of DoubleDown Interactive Co Ltd (DDI, Financial) fell 4.84% in mid-day trading on Oct 2. The stock reached an intraday low of $14.81, before recovering slightly to $14.94, down from its previous close of $15.70. This places DDI 10.81% below its 52-week high of $16.75 and 114.96% above its 52-week low of $6.95. Trading volume was 14,755 shares, 36.4% of the average daily volume of 40,484. Wall Street Analysts Forecast Based on the one-year price targets offered by 4 analysts, the average target price ...

DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) shares rallied 11.9% in the last trading session to close at $16.50. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.3% gain over the past four weeks. The addition of new meta features to its flagship app, including DoubleDown Casino, appears to be driving positive investor sentiment. This company is expected to post quarterly earnings of $0.55 per share ...

SEATTLE, Sept. 30, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today a planned donation of $10,000 to the American Cancer Society (ACS) in honor of Breast Cancer Awareness Month. DoubleDown Casino, which is played daily by millions of fans worldwide on both desktop and mobile devices, will invite players to engage with and show support for the charitable donation ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

Shares of DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) have gained 26.6% over the past four weeks to close the last trading session at $14.56, but there could still be a solid upside left in the stock if shortterm price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $20.08 indicates a potential upside of 37.9%. The mean estimate comprises three short-term price targets with a standard deviation of $5.20. While the lowest estimate of $16.25 indica ...

A spate of positive economic data released over the past couple of weeks has alleviated fears of a recession in the near term. Consumer sentiment, which was on the decline following concerns that the economy was slowing down due to high inflation, has also rebounded sharply in August. The University of Michigan's preliminary consumer sentiment index rose to 67.8 in August from the final reading of 66.4 in July. This was also above the consensus estimate of a reading of 66.9. The survey's outlook for inflati ...