Playtika Holding Corp. (PLTK) Forms Committee to Pursue Strategic Alternatives for Growth

Playtika Holding Corp. (PLTK) Forms Committee to Pursue Strategic Alternatives for Growth Abdul Rahman Sun, April 12, 2026 at 2:01 PM EDT 2 min read PLTK Playtika Holding Corp. (NASDAQ: PLTK ) is one of the best cheap penny stocks to buy that aren’t scams . On April 6, Playtika Holding Corp. (NASDAQ:PLTK) confirmed the formation of a Special Committee tasked with conducting a review of strategic alternatives. Playtika Holding Corp. (PLTK) Forms Committee to Pursue Strategic Alternatives for Growth Liderina/Shutterstock.com The committee, made up of independent directors, will evaluate opportunities with the potential of unlocking shareholder value. In addition, it has engaged the services of Morgan Stanley as the financial advisor for the ongoing review. The review comes when the company is undergoing a strategic transformation on the back of strong operational performance. The Mobile game company delivered solid full-year 2025 results characterized by an 8.1% increase in revenue to $2.75 billion, above the updated guidance. Its profitability metrics also exceeded expectations with Adjusted EBITDA of $753.2 million and a margin of 27.3% above the guided range of between 26.5% and 26.9%. However, the company plunged to a net loss of $206.4 million from a net income of $162.2 million in 2024. The net loss was down to non-cash charges related to the acquisition of SuperPlay. Playtika Holding Corp. (NASDAQ:PLTK) is a leading Israeli digital entertainment company that specializes …