/// Zynga’s Stock Keeps Withering on Day Two

December 19, 2011  |  All Things Digital


Wall Street was not any kinder to Zynga on its second day of trading. Last week, the Facebook game company sold 100 million shares at $10 apiece to raise $1 billion. On its first day of trading, the stock fell 5 percent , and today, its losses are even deeper. In early morning trading today, the stock is down nearly 8 percent, or 73 cents, to trade at $8.77 a share. No anti-serum exists in the real world that will revive a stock price like virtual crops can be in FarmVille, one of the game-maker’s hit titles.

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Zynga’s Stock Keeps Withering on Day Two



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