Tech Stock News
Thursday, January 26, 2023
Blockchain gaming company Gala Games continues aspiring to create a better user experience for gamers. It says that gamers’ empowerment is crucial and also part of its service delivery mission. Matters seem to be playing out quite well, with sources indicating that Gala obtained funding from the Binance Smart Chain’s […]
Zynga Inc. (NASDAQ:ZNGA) reported a strong Q3 2020 ahead of its guidance on all critical financial measures, including record quarterly revenue of $503 million. The solid performance was due to an increase in number to Zynga’s gaming experience for entertainment. Zynga posted record revenue in Q3 The company’s CEO Frank […]
Zynga Inc. (NASDAQ:ZNGA) has been on an upward trajectory in the last few weeks and in the last trading session the company gained 1.41% to close the day at $5.03. The positive transformation at the company has been a result of the turnaround engineered by Frank Gibeau who joined the […]
Zynga Inc (NASDAQ:ZNGA) lost 1.59% in the last trading session to close at $4.96 on a volume of 14.6 million shares. The stock has been gaining new hights since past couple of months, here is latest news on the company. Zynga is a turnaround story. It has reported a booking growth […]
Zynga Inc (NASDAQ:ZNGA) has acquired the majority stake at Small Giant Games for $560 million. The company has agreed to part with the lofty sum in exchange for 80% stake in Small Giant Games famed for the Empires & Puzzles role-playing game. According to the financial terms of the agreement, […]
The month of November saw many gaming stocks underperform the market. For instance, Zynga Inc (NASDAQ:ZNGA) traded at a discount of about 30% to its 1-year analyst price target. Zynga and other gaming stocks have been investors’ favourites for the last five years. Interestingly, most of the stocks had a […]
Zynga Inc. (NASDAQ:ZNGA) has underperformed in 2018, despite rallying by more than 40% in 2017. The stock has continued to edge lower despite the company reporting impressive earnings in recent quarters. The sell-off has mostly come at the back of pullbacks in the broader market as well as stocks in […]
Zynga Inc. (NASDAQ:ZNGA) blockbuster run that begun early last year came to a halt in the first half of this year. The stock has since come under pressure and currently trades in a tight trading range, after losing more than 9% in market value. One cannot attribute the underperformance to […]