(NYSE:ANF) and Lowe's Companies, Inc. (NYSE:LOW). Tudor Investment also sold out smaller positions in Johnson & Johnson (NYSE:JNJ), MetroPCS Communications.
Shares of Facebook Inc (NASDAQ:FB) game developer Zynga Inc (NASDAQ: ZNGA) and daily deals web site Groupon Inc (NASDAQ: GRPN) have soared following reports of activist hedge fund Jana Partners revealing small stakes in the companies.
The major market indexes are modestly higher this afternoon, as investors digest blue-chip earnings and await Fed Chairman Ben Bernanke's appearance on Capitol Hill.
The shares of Zynga Inc (NASDAQ:ZNGA) are 6.5% higher at $3.44, on pace to end atop their 50-day moving average for the first time in more than a month.
Zynga Inc (NASDAQ:ZNGA) is launching its 'Running with Friends' mobile game on the iOS all over the world today. The game was released in Canada first to test the performance.
Zynga Inc (NASDAQ:ZNGA) sales have been faltering since other social gamers began flocking towards Facebook Inc. Last week, the company reported an 18 percent decline in revenues and 13 percent slide in monthly active users from the same period in ...
is zynga overpriced Zynga Inc (NASDAQ:ZNGA) is the developer of some of the most popular games that you see on Facebook Inc (NASDAQ:FB), like Farmville and Mafia Wars.
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