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Why is Gdev Inc (GDEV) Stock down?
We've noticed a 6.75% decline in Gdev Inc (GDEV) stock during the 2024-11-20 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
24 Nov, 2023:
Shares of GDEV Inc. (GDEV) dropped by 11.03% from $2.90 to $2.58 in the trading on Friday, November 24, 2023. The reason why GDEV is down today is due to a decrease in third-quarter sales and financial performance:
- Revenue of $121 million saw a 5% year-over-year decline but grew 6% compared to the previous quarter.
- Bookings of $102 million declined by 6% year-over-year.
- Total comprehensive income of $24 million declined by 22% year-over-year but grew 15% compared to the previous quarter.
5.67%
2.34%
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