A US bankruptcy court in Delaware has barred Papaya Gaming from moving money out of its US bank accounts. Papaya owes about $730 million to Skillz Platform, a subsidiary of Firy, after a New York court judgment. Judge Mary F. Walrath ruled that ordinary-course payments must be pre-funded from Papaya's accounts outside the US at 115% of the amount paid. About $30 million a month left the US accounts over the prior 12 months. The court found that Papaya's chief executive officer, Oriel Bachar, was not credible about cash transfers. It also found that Papaya moved more than $70 million to Israel without telling the New York court. The restrictions stay until the court rules on any Israeli-approved arrangement. Papaya's creditors vote on a repayment proposal in Israel on November 8, 2026.

Skillz (NYSE:FIRY) upgraded at wall Street Zen. Wall Street Zen upgraded shares of Skillz (NYSE:FIRY - Free Report) from a strong sell rating to a sell rating in a research note published on Monday,Wall Street Zen reports. Separately, Weiss Ratings began coverage on Skillz in a report on Monday, July 6th. They issued a "sell (d-)" rating for the company. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold". Skillz price performance. Discover more Company Earnings Shares of Skillz stock opened at $9.96 on Monday. Skillz has a fifty-two week low of $2.23 and a fifty-two week high of $20.00. The firm has a market capitalization of $165.45 million, a price-to-earnings ratio of -2.25 and a beta of 4.59. The company has a 50 day moving average of $9.37. Skillz (NYSE:FIRY - Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($1.52) earnings per share for the quarter. Skillz had a negative return on equity of 66.50% and a negative net margin of 60.23%.The company had revenue of $30.99 million for the quarter. Quarterly earnings forecast Institutional inflows and outflows. Several large investors have recently bought and sold shares of FIRY. NewEdge Advisors LLC acquired a new position in Skillz during the 1st quarter worth about $73,000. Hsbc Holdings PLC boosted its holdings in Skillz by 17.6% in the first quarter. Hsbc Holdings PLC now owns 11,856 shares of the company's stock valued at $29,000 after acquiring an additional 1,774 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in Skillz by 496.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 11,929 shares of the company's stock valued at $51,000 after purchasing an additional 9,929 shares during the period. Squarepoint Ops LLC lifted its position in shares of Skillz by 122.6% in the 4th quarter. Squarepoint Ops LLC now owns 80,054 shares of the company's stock worth $345,000 after purchasing an additional 44,092 shares during the period. Finally, Hudson Bay Capital Management LP acquired a new position in shares of Skillz in the 4th quarter worth approximately $55,000. 19.42% of the stock is owned by institutional investors. Discover more Daily news headlines Stocks & Bonds Political news subscription Skillz company profile. Skillz Inc is a mobile games platform that enables developers to build competitive, skill-based games and allows players to compete against one another in real-time contests. The company provides tools and services designed to help game studios add tournament-style gameplay, player matching, and social competition features to mobile titles. Through its platform, Skillz hosts and powers multiplayer competitions across a range of casual game genres, with an emphasis on monetization through paid contests and in-game competition. Receive News & Ratings for Skillz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skillz and related companies with MarketBeat.com's FREE daily email newsletter. Discover more Political commentary blog Financial results analysis