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Was There a Reason for the Zynga Sell Off on Tuesday?
Wednesday, February 13, 2013 - 8:34am | 520Read More...On Tuesday, Zynga (NASDAQ: ZNGA) fell and fell hard. Not only did the stock drop nearly 12 percent but volume was over three times higher than normal. A move on big volume indicates that Wall Street has strong sell convictions and if that’s the case, big news likely scared them away. But there...
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Short Sellers Shy Away from Social Media Stocks (EBAY, FB, ZNGA)
Tuesday, February 12, 2013 - 4:50pm | 845Read More...By and large, the short interest in social media companies based in the United States dwindled in the latter two weeks of January. The short interest in Angie's List (NASDAQ: ANGI), eBay (NASDAQ: EBAY), Facebook (NASDAQ: FB), Google (NASDAQ: GOOG), Groupon (NASDAQ: GRPN), LinkedIn (NYSE: LNKD),...
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Did Zynga Lose 100 Million Users During the Fourth Quarter?
Tuesday, February 5, 2013 - 3:03pm | 473Read More...Zynga (NASDAQ: ZNGA) will report its fourth quarter results after the bell this afternoon. While the company tends to disappoint investors with its earnings results, Bank of America upgraded Zynga to Buy this morning, indicating that the bank has faith in its future. The upgrade has helped Zynga's...
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Zynga Says "Happy New Year!" By Terminating 11 Games
Monday, December 31, 2012 - 12:03pm | 436Read More...Zynga (NASDAQ: ZNGA) is showing new signs of weakness as it pulls the plug on 11 different games. According to TechCrunch, Mafia Wars 2 -- which was once among the company's most popular games -- was shut down on Sunday. AppData's most recent statistics show that before the game's closure, Mafia...
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Zynga Just Lost Another 23 Million Users
Friday, December 28, 2012 - 3:09pm | 278Read More...In roughly 20 days, Zynga (NASDAQ: ZNGA) said goodbye to 23 million users. According to AppData, an independent firm that measures metrics and trends for various applications, Zynga currently has 270.8 million MAUs (monthly active users). On December 7, the company had 293.9 million MAUs. This...
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Zynga's "Novelty Effect" is Fading, Says Analyst
Friday, December 7, 2012 - 5:45pm | 611Read More...Two months ago Benzinga learned that Zynga (NASDAQ: ZNGA) loses as many as one million players a day. Now it appears that the company is struggling to prevent its existing players from slipping away. As the maker of FarmVille, CityVille and other Facebook (NASDAQ: FB) games, Zynga is one of the...
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Zynga Pay-TV Deal Inspires 1% Gain
Tuesday, December 4, 2012 - 3:07pm | 381Read More...After a five-day decline of more than four percent, Zynga (NASDAQ: ZNGA) is up more than one percent Tuesday afternoon as investors take notice of the company's pay-TV deal with Synacor (NASDAQ: SYNC). Per the agreement, Synacor will now be able to deliver Zynga games to a variety of cable and...
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Zynga Doesn't "Like" Facebook's Big Gaming News
Friday, November 30, 2012 - 12:15pm | 451Read More...Zynga (NASDAQ: ZNGA) is taking a dive this morning after Facebook (NASDAQ: FB) amended its agreement with the company, allowing the social network to develop its own games. If this announcement had involved any other game company, investors wouldn't have taken notice. Facebook said that it...
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Zynga Earnings Preview: Cuts and Losses Lead the Charge
Wednesday, October 24, 2012 - 3:11pm | 443Read More...Zynga (NASDAQ: ZNGA), the producer of FarmVille, Words With Friends and other free social media games, is expected to report its third-quarter earnings after the market close Wednesday. During the last quarter, Zynga reported an EPS of $0.01. This was significantly lower than the $0.06 that...
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Zynga Loses One Million Players Every Day
Wednesday, October 24, 2012 - 1:01pm | 291Read More...New ranking results suggest that Zynga (NASDAQ: ZNGA), the company behind FarmVille and Words With Friends, is losing one million players every day. On October 1, AppData -- an independent researcher of metrics and trends -- reported that Zynga had 340 million monthly active users. As of today,...
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Facebook Gains 20% on Unexpected Earnings Increase
Wednesday, October 24, 2012 - 11:04am | 583Read More...After a rocky year and a tough market for IPOs, Facebook (NASDAQ: FB) shares rose more than 20 percent Wednesday morning. Investors were particularly impressed with the company's 32 percent increase in revenue and its 61 percent year-over-year increase in mobile MAUs (monthly active users), as...
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Zynga Axes 100+ Employees
Tuesday, October 23, 2012 - 4:18pm | 318Read More...Zynga (NASDAQ: ZNGA) has started a firing spree this week. According to TechCrunch, the FarmVille maker has shut down its Boston office and laid off a good chunk (two-thirds) of the employees working at its Austin branch. Zynga has apparently given its former employees just two hours to clean out...
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Why Zynga Won't Go Private
Monday, October 8, 2012 - 12:45pm | 654Read More...Rumors suggest that Zynga (NASDAQ: ZNGA) CEO Mark Pincus might take his company private. This would be an interesting turn of events for the social game company, which continues to decline. Regardless, it is unlikely to happen. Never mind the analysts, who warn that by taking Zynga private so...
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Zynga Down Another 18%, Signaling the End
Friday, October 5, 2012 - 12:27pm | 633Read More...Zynga's (NASDAQ: ZNGA) demise is fast approaching as investors abandon the creator of FarmVille, CityVille and other social media games. Built almost exclusively with the help of Facebook (NASDAQ: FB) and its impeccable number of users, Zynga was once believed to be the next big company in the...
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Will Hungry Hungry Hippos Save Zynga?
Monday, October 1, 2012 - 4:12pm | 490Read More...Zynga (NASDAQ: ZNGA) and Hasbro (NYSE: HAS) have teamed up to turn FarmVille, Draw Something and other popular online gaming franchises into physical toys. Is this a brilliant business plan or another desperate attempt at survival? Historically, Zynga has not been brilliant. The company has...
















