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