PLAYSTUDIOS announces 1-for-10 split: what it means for PLAYSTUDIOS stock
Published on 10/06/2026 at 14:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PLAYSTUDIOS (US72815G1085) announced a 1-for-10 reverse stock split on September 24, 2026, with split-adjusted Nasdaq trading scheduled to begin October 1, as Business Wire reported. The move combines every 10 Class A and Class B shares into one and is intended to support compliance with Nasdaq's USD 1.00 minimum bid requirement.
Reverse split changes the trading base
The company said the reverse split became effective at 5:00 p.m. ET on September 30, 2026, while split-adjusted Class A trading began at the Nasdaq Capital Market opening on October 1, 2026. The ticker remained MYPS, and the company stated that voting rights and the number of authorized shares were unchanged.
PLAYSTUDIOS also disclosed repurchases of 4.3 million shares for USD 3.0 million through September 24, 2026, an average of USD 0.71 per share before the split. The transaction gives the corporate action a second dimension: the company is addressing listing compliance while continuing capital returns.
Revenue missed the second-quarter consensus
According to MarketBeat on October 1, 2026, PLAYSTUDIOS reported USD 54.99 million of revenue for the second quarter of 2026 against USD 57.05 million consensus. Diluted earnings per share were a USD 1.00 loss versus a projected USD 0.37 loss, making the earnings comparison weaker than the revenue comparison.
The latest structured financial figures show operating losses of USD 9.55 million and net losses of USD 13.27 million in the second quarter of 2026, while operating cash flow was USD 5.64 million. Cash and cash equivalents stood at USD 102.67 million on June 30, 2026, providing a measurable counterweight to the quarterly loss.
What the split means for PLAYSTUDIOS stock
The split changes the per-share arithmetic but does not itself improve revenue or profitability. That distinction matters because Investing.com reported on October 1, 2026 that PLAYSTUDIOS planned a pre-tax impairment charge of USD 3.0 million to USD 3.5 million after discontinuing The Win Zone sweepstakes product on September 18, 2026.
Frankfurt quote remains the reference
The Lang & Schwarz data set for October 6, 2026 was dormant. The last permitted substitute quote stood at EUR 0.39 at the Frankfurt venue on September 30, 2026 at 11:41 p.m. CEST, versus a prior close of EUR 0.39 and a change of plus 1.03 percent. Nasdaq's primary-listing quote was USD 4.75 at 4:00 p.m. ET on October 5, 2026, with a market capitalization of USD 61.1 million and a 52-week range of USD 4.02 to USD 9.90.
PLAYSTUDIOS market facts
- Company: PLAYSTUDIOS, Inc.
- ISIN: US72815G1085
- Ticker: MYPS
- Primary exchange: Nasdaq Capital Market
- Substitute price Frankfurt: EUR 0.39 on September 30, 2026 at 11:41 p.m. CEST
- Change versus prior close: plus 1.03 percent
- Prior close Frankfurt: EUR 0.39
- Market capitalization: USD 61.1 million as of October 5, 2026
- 52-week range: USD 4.02-USD 9.90 as of October 5, 2026
- Sector / Industry: Technology / Electronic Gaming and Multimedia
