Sign in

    David Pang • Stifel, Nicolaus & Company, Incorporated

    David Pang is an Equity Research Associate and Associate Vice President at Stifel, Nicolaus & Company, Incorporated, specializing in the coverage of technology and communication services sectors, with a focus on companies such as AppLovin and PLAYSTUDIOS. He has maintained a success rate of 57.14% across 14 published ratings and has delivered an impressive average return of 139.27%, placing him among the top 15% of analysts tracked by performance platforms. David began his career in the financial industry in 2007 at MB Trading Holdings LLC and joined Stifel in 2009, where he provides sector research and investment analysis in Washington D.C. He holds Series 7 and 66 securities licenses and has demonstrated robust analytical expertise over his 16-year tenure at Stifel.

    David Pang's questions to PLAYSTUDIOS Inc (MYPS) leadership

    David Pang's questions to PLAYSTUDIOS Inc (MYPS) leadership • Q3 2024

    Question

    David Pang followed up on the sweepstakes initiative, asking about potential challenges with offering it on mobile and how the new offering would coexist with the current playAWARDS platform.

    Answer

    CEO Andrew Pascal clarified that the new sweepstakes model, where players are rewarded with playable entries, would complement the existing playAWARDS system where sweepstakes are a reward type purchased with loyalty currency. He stated the plan involves a dedicated web solution that will be integrated with their mobile apps to convert existing players. The ultimate goal is to use the sweepstakes mechanic to drive deeper engagement within their core game franchises.

    Ask Fintool Equity Research AI