(Reuters) - Zynga Inc must face a lawsuit that accuses the gaming company known for its "FarmVille" game of defrauding shareholders about its prospects before and after its December 2011 initial public offering.
Zynga Inc (NASDAQ:ZNGA) is showing signs of revenue stabilization, and its valuation is also in a decent range, which made George Kesarios, a contributor to Seeking Alpha, go bullish on the game maker.
Zynga, Inc's (NASDAQ:ZNGA) [Detail Analytic Report] shares surged 1.84% to closed at $2.77 in Friday trading session as Zynga must face a litigation accusing of defrauding investors regarding its prospects before and after its IPO in December 2011 ...
Zynga Inc (NASDAQ:ZNGA) released an early look at its first game in the pipeline for 2015, titled Dawn of Titans. The game is also the first in the mobile action-strategy category from NaturalMotion, who merged with Zynga in 2014.
Zynga Inc. ($ZNGA) experienced unusually high volume on Mar. 24, as the stock gained 1.81% to a closing price of $2.81. The stock saw 39.24 million shares trade hands over the course of the day on 43,650 trades.
Zynga Inc (NASDAQ:ZNGA) saw a meaningful surge in short interest last month with total interest coming in at 71 million shares as of Feb. 27, a growth of 3.1% from the Feb. 13 total of 68.9 million shares.
For Zynga Inc (NASDAQ:ZNGA) it has been a long fall from its former position amongst the gaming design sector leaders. Unfortunately over the last three years due to poor management, diminishing revenues and negative quarterly income reports, its ...