Shares of Skillz (NYSE:SKLZ) dropped 1.9% after missing analyst expectations with third-quarter results. Revenue of $27.4 million fell short of the $29.1 million predicted, leading to a loss per share of $1.14. The company’s adjusted EBITDA loss was $11.8 million, wider than expected. Skillz must resolve financial statement issues by mid-December to maintain its NYSE listing. Market reaction suggests today’s news isn’t a game-changer for the company. Skillz is up 16.3% YTD but still 31.8% below its 52-week high. Investors who bought shares 5 years ago would see a return of $25.62 on a $1,000 investment.

Read more at StockStory Communications: Why Skillz (SKLZ) Stock Is Down Today