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DoubleDown Interactive Announces Secondary Offering Pricing

Story Highlights
  • DoubleDown Interactive announced a secondary offering of 4,347,827 ADSs on June 12, 2025.
  • The offering will not change outstanding shares and won’t provide proceeds to the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DoubleDown Interactive Announces Secondary Offering Pricing

Confident Investing Starts Here:

Doubledown Interactive Co ( (DDI) ) has shared an update.

On June 12, 2025, DoubleDown Interactive Co., Ltd. announced the pricing of a secondary offering of 4,347,827 American Depositary Shares (ADSs) by STIC Special Situation Diamond Limited, priced at $8.50 per ADS. The offering, expected to close on June 13, 2025, will not alter the number of outstanding common shares, and the company will not receive proceeds from the sale. This move is part of a strategic financial maneuver, leveraging a shelf registration statement filed with the SEC, and is expected to reinforce DoubleDown’s market presence without diluting existing shareholders.

The most recent analyst rating on (DDI) stock is a Buy with a $14.75 price target. To see the full list of analyst forecasts on Doubledown Interactive Co stock, see the DDI Stock Forecast page.

Spark’s Take on DDI Stock

According to Spark, TipRanks’ AI Analyst, DDI is a Outperform.

Overall, Doubledown Interactive Co scores well with robust financial performance and strong earnings growth, driven by effective cash flow management and strategic acquisitions like SuperNation. However, technical analysis presents mixed signals, and challenges in the declining social casino market could impact future growth. The low P/E ratio offers a valuation advantage despite the lack of a dividend yield.

To see Spark’s full report on DDI stock, click here.

More about Doubledown Interactive Co

DoubleDown Interactive Co., Ltd. is a prominent developer and publisher of digital games on mobile and web-based platforms. The company is known for creating multi-format interactive entertainment experiences, particularly through its flagship social casino title, DoubleDown Casino, which offers a Vegas-style online social casino experience. Additionally, its subsidiary, SuprNation, operates real-money iGaming sites in Western Europe.

Average Trading Volume: 24,212

Technical Sentiment Signal: Buy

Current Market Cap: $524.8M

See more data about DDI stock on TipRanks’ Stock Analysis page.

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