Shares of Zynga Inc. (NASDAQ: ZNGA) fell to all-time lows this week. Zynga shares have come under pressure recently due to the social-game maker’s close association with Facebook Inc. (NASDAQ: FB) and the prospect of new shares coming into market.
Continue reading Zynga Shares Come Under Pressure (ZNGA, FB)
One of the most-awaited IPOs in the last few years has turned out to be a huge disappointment. Facebook Inc. (NASDAQ: FB), the social networking giant, began trading on Friday. However, the IPO has turned into a debacle.
FriendFinder Networks Inc. (NASDAQ: FFN) shares are seeing huge activity in trading today. At last check, FFN shares were trading 7.60% lower at $1.58 on above average volume of 11.58 million. Despite the losses in trading today, FFN shares have risen 21.88% in the last three trading sessions.
Continue reading Micro-Cap in Focus; FriendFinder Networks Inc. (FFN)
Social networking giant Facebook completed its much-awaited IPO after-market close on Thursday. The IPO has been priced at $38 a share, which is the high-end of the expected range of $34-$38 per share.