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PLAYSTUDIOS, Inc.Bullish
PLAYSTUDIOS has regained compliance with the Nasdaq minimum bid price requirement of $1.00 following a 1-for-10 reverse stock split. As the closing bid price remained at or above $1.00 for ten consecutive business days from October 1 to October 14, 2026, Nasdaq has officially closed the deficiency matter.…more
PLAYSTUDIOS, Inc.
PLAYSTUDIOS has decided to cease operations of its 'Tetris Block Party' product, resulting in a non-cash pre-tax impairment charge of $3.0 million to $3.5 million in the third quarter of 2026. The company determined that the carrying value of the assets is not recoverable and expects to terminate the service in October 2026.…more
PLAYSTUDIOS, Inc.
PLAYSTUDIOS, Inc. effected a 1-for-10 reverse stock split of its Class A and Class B common stock, effective as of 5:00 p.m. ET on September 30, 2026. Trading of the Class A common stock on a split-adjusted basis commenced on October 1, 2026. This action consolidates every 10 outstanding shares into one share without changing the par value or authorized share count.…more
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Playstudios to Discontinue 'Tetris Block Party' and Record Impairment Charge…more
Playstudios announced the discontinuation of 'Tetris Block Party' effective September 30, 2026. The company expects to record a non-cash pre-tax impairment charge of $3 million to $3.5 million in the third quarter of 2026.…more
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Trading for a specific stock was temporarily halted and has now resumed following the release of news. Investors should review the latest company announcements regarding this status change.…more
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Trading for a specific stock has been temporarily halted in anticipation of a significant news announcement. Investors should monitor upcoming disclosures as they may lead to increased stock price volatility.…more
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