Can Zynga Be Saved?

To say the last two weeks have been unkind to Zynga is a bit of an understatement. The company’s stock has plunged roughly 45 percent. It reported an earnings shortfall. Guidance was reduced. And it found itself on the receiving end of a lawsuit from one of the videogame industry’s biggest publishers.

The hits just keep on coming for a company that not long ago was the poster child for the next big thing in gaming. More bad news for Zynga could be on the way.

Read more at CNBC.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s