Read Why Playtika's Shares Are Trading Higher Premarket

  • Playtika Holding Corp PLTK shares are soaring in the premarket session today on the news of the majority stake being acquired by Private equity firm Joffre Capital.
  • According to Axios, Joffre Capital has agreed to acquire a majority stake in Playtika at $21 a per share from a Chinese investment group, a 46% premium to PLTK’s closing price on Monday.
  • Read How Playtika performed in Q1: Playtika Q1 Performance, Q2 Outlook Lag Street Estimates.
  • In February 2022, the company announced that it had initiated a process to evaluate strategic alternatives.        
  • Playtika went public in January 2021 at $27 per share, ahead of its previously-indicated range of $22 to $24.
  • The shares have fallen 20.45% year to date. As of Monday, PLTK’s market cap was ~$6 billion.
  • Price Action: PLTK shares are trading higher by 6.88% at $15.38 during the premarket session on Monday.

Posted In: Briefswhy it's movingNewsMoversTrading Ideas

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.