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 […]
Tag: Zynga Inc.
Zynga Inc. (NASDAQ:ZNGA) CEO Engineers A Turnaround To The Once Distraught Game Company Through Acquisitions Going Into 2019
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) Resurges With Growth Booking Of 39% In 2019 And Acquisitions Adds To The Turnaround Story
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) Acquires 80% of Small Giant Games
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, […]
Zynga Inc (NASDAQ:ZNGA) Trading At A Discount As The Market Recovers
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 […]
Analysts Bullish About Zynga Inc. (NASDAQ:ZNGA) Despite Sell-Off
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 […]