- (PLX AI) - Kahoot shares fell more than 4% after the company reported lower than expected invoiced revenues and paid subscriber numbers for the fourth quarter.
- • The underperformance was driven by weaker subscriptions within the School segment, affected by omicron and various restrictions at the end of the year
- • The share price decline is an overreaction, as Kahoot's operational cash flow remains strong, analysts at SEB said, reiterating a buy recommendation on the stock
- • Price target NOK 70
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