Major Gainers and Losers on October 5; GRPN, ZNGA, AVP, FSLR, PAY, GMCR

Shares of Groupon Inc. (NASDAQ: GRPN), a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount, are soaring in trading today. At last check, GRPN shares were trading 9.17% higher at $5.24 on above average volume of 12.72 million. The stock hit an intra-day high of $5.37 in trading today. It has now gained more than 12% in the last three trading sessions.

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Zynga Losses Bidding War, Canadian gaming Company Amaya Gaming Group to Acquire Ongame (ZNGA)

Social gaming company, Zynga Inc. (NASDAQ: ZNGA) has failed to acquire online poker provider Ongame Network. Even though Zynga was said to be “leading the race” for quite few months, the Montreal Canada-based company, Amaya Gaming Group eventually won the bidding. Amaya Gaming Group announced on Monday that it bought Ongame for $32.2 million from Bwin.party.

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Zynga’s Misery Continues as Another Top Executive Resigns (ZNGA)

There seems to no end to “FarmVille” maker, Zynga Inc.’s (NASDAQ: ZNGA) ordeal. While its share have been hammered in the recent past after the compnay failed to respond to changing videogame market dynamics, it also kept losing its top executives one by one. Joining the list of top executives who have left the company recently is Jeff Karp, who acted as Chief Marketing and Revenue officer at Zynga. Karp joined the Company in August 2011.

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Zynga Launches FarmVille 2 (ZNGA)

Social gaming company Zynga Inc.’s (NASDAQ: ZNGA) FarmVille became so popular after its launch on Facebook’s (NASDAQ: FB) platform that it threatened bigger and well established rivals in the gaming industry; nonetheless, it began to struggle after the advent of Apple Inc.’s (NASDAQ: AAPL) iPad as more and more users started to play games on smartphones.

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Major Gainers and Losers on August 29; YELP, ZNGA, JOSB, TFM, FB, JOY, HNZ

Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today.

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Social Media Stocks on Watch; Zynga Inc. (ZNGA), Facebook Inc. (FB), Groupon Inc. (GRPN), LinkedIn Corp. (LNKD), Renren Inc. (RENN), SINA Corp.

Shares of Zynga Inc. (NASDAQ: ZNGA), a social gaming company engaged in the development, marketing and operation of online social games as live services played over the Internet and on social networking sites and mobile platforms, rose marginally in trading on Friday.

Continue reading Social Media Stocks on Watch; Zynga Inc. (ZNGA), Facebook Inc. (FB), Groupon Inc. (GRPN), LinkedIn Corp. (LNKD), Renren Inc. (RENN), SINA Corp.

Facebook Co-Founder Moskovitz Sells Small Portion of His Stake in the Company (FB, ZNGA)

One of Facebook Inc.’s (NASDAQ: FB) co-founders, Dustin Moskovitz, sold a small portion of his stake in the social network, according to a filing.

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Zynga Offers Stock options to All Employees, Attention Shifts to Mobile Platforms and Tablets (ZNGA)

According to a report published in the Wall Street Journal, a person close to Zynga’s (NASDAQ: ZNGA) matters has said that company’s Chief executive; Mark Pincus has issued stock options to every employee of the company.

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