Here's Why Investors Should Retain DoubleDown Interactive Stock Now
DoubleDown Interactive(DDI) ZACKS·2024-10-15 20:12
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 ...