Tag Archives: zynga stock

Opinion: Zynga investors start to realize their predicament

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As Zynga’s share prices circle the drain, Gamasutra editor-at-large Chris Morris examines how CEO Mark Pincus’ “insistence on absolute control” has left the company’s investors in a tough position.

It’s a pretty safe assumption that anyone who shelled out for Zynga stock when the company went public — or even in the five months that followed — isn’t real happy these days.

After reaching a high of nearly $16 per share, the stock now dwells in the cellar, closing Thursday at $3.25. (And, if it weren’t for JMP Securities’ bullish words when it initiated coverage on the company Wednesday, it would almost certainly be even lower.)

Read more at Gamasutra

Zynga: The worst may be yet to come

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Last week was an ugly one for Zynga, but the company is likely to face some even rockier times, argues Chris Morris, with the coming expiration of a new round of employee stock options being the most looming hurdle.

Last week was an ugly one for Zynga. An earnings shortfall and reduced guidance for the coming fiscal year resulted in a 40 percent drop in the company’s stock, which brought out the doomsayers.

Those corporate obituaries are premature, but the company is likely to face some even rockier times before there’s much chance of things getting better.

Read more at Gamasutra

The fall of Zynga: Can the social game giant pull it together?

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Over the past year, no tech company has had ups and downs quite like Zynga.

In the days leading up to its debut on Wall Street last December, the social game kingpin was heralded as The Next Big Thing, an unstoppable force in an evolving industry, with proponents pointing to the enduring draw of games like Farmville, Mafia Wars, and Words With Friends. Lately, though, the company’s stock has taken a brutal beatdown and those proponents have changed their tune.

Read more at Yahoo! Games

Facebook’s anemic IPO takes heavy toll on Zynga

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Shares of the social media site’s close ally Zynga briefly hit an all time low Friday and closed down precipitously. Editor at large Chris Morris looks at why investors fled – and what might lie ahead.

Through sheer force of will, Facebook managed to avoid closing at below its IPO price during its first day of trading on Wall Street. Unfortunately, that didn’t help its allies.

Zynga saw its stock lose roughly 14 percent of its value Friday – after briefly dropping to an all time low. Shares of the company closed at $7.12 following what can only be called an insane day of trading.

Read more at Gamasutra

Zynga stock plunges as Facebook shares begin trading

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Not everyone is celebrating the launch of Facebook on Wall Street.

Shares of the social media site’s close ally Zynga nosedived when Facebook shares began trading Friday morning. The company saw its stock price fall more than 14 percent at one point during the day – with Nasdaq having to halt trading of shares twice due to those fluctuations.

Read more at Gamasutra

Zynga’s in the black – but for how long?

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While the gaming world was busy watching THQ implode last week, a funny thing happened in the background. Zynga began trading in positive territory.

Boosted by Facebook’s IPO filing, the social games maker finally escaped the mire of mediocrity it had been stuck in since its first day as a public company and began to grow. The question is: Is it a short-term surge or the start of a true growth curve?

Read more at Gamasutra