Zynga Inc. (NASDAQ: ZNGA) CEO Mark Pincus said that notwithstanding recent industrial trend where video game developers have preferred mobile devices, he would continue to focus on web-based platforms.
Continue reading Zynga to Focus on Web-based Platforms (ZNGA)
Shares of Yelp Inc. (NYSE: YELP) rose sharply on Thursday following reports that technology giant Apple Inc. (NASDAQ: AAPL) intends to include the website into its new mapping application.
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Facebook Inc. (NASDAQ: FB) has started placing ads on Zynga Inc.’s (NASDAQ: ZNGA) website. The move is the latest effort from the social networking giant in last few weeks to add revenue sources following its disappointing initial public offering.
Continue reading Facebook Starts Placing Ads on Zynga (FB, ZNGA)
Zynga Inc. (NASDAQ: ZNGA) shares, which have had a rough time lately, are surging in trading today after Goldman Sachs’s Heath Terry maintained a Buy rating on the company’s stock. Terry also reiterated a price target of $13 on ZNGA shares.
Continue reading Zynga Shares Rally after Goldman Sachs Reiterates Buy Rating (ZNGA)
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)