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'Words With Friends' Maker Aims To Launch Its First NFT Game By Year-End: What You Need To Know
Thursday, February 10, 2022 - 5:27am | 477Developer of games such as “Farmville” and “Words With Friends,” Zynga Inc (NASDAQ: ZNGA), has plans to jump into blockchain-based gaming by the end of 2022. What Happened: Zynga plans to expand its blockchain team from the current 15 or so people to nearly 70-100 by the end...
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Zynga Pushes Into NFT Gaming, Announces Record Q3 Revenue: What Investors Should Know
Tuesday, November 9, 2021 - 4:21pm | 746A mobile game studio announced a key hire that could push the company into the world of non-fungible tokens. The hire came on top of record third quarter revenue and bookings. Here’s what investors should know Tuesday about Zynga Inc (NASDAQ: ZNGA). Zynga's NFT Games Push: Zynga...
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3 Upcoming Catalysts That Could Lift Zynga's Stock
Thursday, October 7, 2021 - 6:14pm | 748Mobile game company Zynga Inc (NASDAQ: ZNGA) is well-known for several forever franchises and has been acquiring additional studios. The company has several catalysts coming in November, which could provide some upside for its shares trading near a 52-week low. Farmville 3: Many have...
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Zynga Q2 Earnings Preview: What Investors Should Watch For
Sunday, July 26, 2020 - 5:13pm | 388Since launching Farmville on Facebook in 2009, Zynga (NASDAQ: ZNGA) has been a top-performing mobile game company. The company has evolved through acquisitions and gaming categories over the years. The recent acquisition of Peak, maker of Toon Blast and Toy Blast, should help user and monetization...
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Zynga Is Well Positioned In The Favorable Video Game Market, Stifel Says
Friday, September 28, 2018 - 8:54am | 378Mobile and web video game maker Zynga Inc (NASDAQ: ZNGA) is well positioned to take advantage of favorable industry trends and investor confidence should increase in the near-term as management is expected discusses its pipeline of new games, according to Stifel. The Analyst Stifel's Drew Crum...
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Why Zynga Needs Fresh Blood, Not Former CEO Mark Pincus
Wednesday, April 8, 2015 - 4:55pm | 545Mark Pincus, founder and chairman of Zynga Inc (NASDAQ: ZNGA), has returned to his role as the company's CEO. This decision might surprise some investors, who wondered if former Microsoft Corporation (NASDAQ: MSFT) exec Don Mattrick could take the company to the next level. Cody Willard,...
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Morgan Stanley Weighs in on Zynga Prior to Wednesday's Earnings Report
Tuesday, April 22, 2014 - 1:46pm | 229In the run up to Zynga's (NASDAQ: ZNGA) CQ1 earnings report, scheduled this Wednesday, Morgan Stanley analyst John Egbert provided an overview of his 2014 expectations for Zynga. Egbert expects Zynga's bookings and user metrics to show signs of stabilization after having "likely bottomed out" last...
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Candy Crush Maker Raises IPO Valued At $7 Billion
Wednesday, March 26, 2014 - 9:56am | 528King Digital Entertainment (NYSE: KING) will enter the public market Wednesday on the New York Stock Exchange, sporting a valuation of more than $7 billion. The maker of Candy Crush Saga, the hottest social game since Farmville, sold 22.2 million shares at $22.50 each. The company raised $500...
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Zynga Soared More Than 20% After Hours...Here's Why
Friday, January 31, 2014 - 10:33am | 471For anybody who believes that Zynga (NASDAQ: ZNGA) is the poster-child for what some call a social media bubble, it’s hard to present an argument to the contrary but Thursday’s news breathed some life into a company on the brink of extinction. Remember when Zynga was the Candy Crush of gaming?...
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Five Star Stock Watch: Zynga, Inc.
Monday, November 25, 2013 - 11:38am | 797The company: Zynga, Inc. Ticker Symbol: (NASDAQ: ZNGA) Sector: Technology Industry: Multimedia & Graphics Software Zynga Inc. develops, markets, and operates online social games as live services on the Internet, social networking sites, and mobile platforms in the United States and...
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We're Not Playing: These Gaming Stocks Are Worth a Look
Monday, October 21, 2013 - 3:32pm | 569Gaming has come into its own in the New Millenium. What started in the post World War II years with pinball machines and arcade games has morphed into a multi-billion dollar industry -- which rivals even Hollywood in both production and profits. Since the introduction of the iPhone and its...
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World's Favorite Game Maker to IPO
Monday, September 30, 2013 - 9:40am | 637Candy Crush fans can rejoice, because soon, you’ll not only be able to play the most addicting game on the planet, you can own stock in its maker. King, the British tech company responsible for everybody’s favorite game, Candy Crush Saga and other popular games like Pet Rescue Saga...
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Zynga Announces 18 Percent Layoff of Workforce as Shares Plummet, Analysts Defend the Stock
Tuesday, June 4, 2013 - 10:09am | 559Mobile app maker Zynga (NASDAQ: ZNGA) Monday announced that it was reducing its head count by about 18 percent and closing offices in an attempt to reduce costs. The company has been fighting stagnating revenue and is cutting costs to boost profitability. Shares tumbled 12 percent on the news....
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Five Reasons Yahoo Shouldn't Buy Zynga
Tuesday, March 12, 2013 - 12:16pm | 543Yahoo (NASDAQ: YHOO) is rumored to be interested in a bid for Zynga (NASDAQ: ZNGA). At least one analyst, Wunderlich's Blake Harper, believes that Zynga has officially become a possible takeover target for the firm, along with Yelp (NASDAQ: YELP) and OpenTable (NASDAQ: OPEN). As the owner of the...
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Zynga Pay-TV Deal Inspires 1% Gain
Tuesday, December 4, 2012 - 3:07pm | 381After a five-day decline of more than four percent, Zynga (NASDAQ: ZNGA) is up more than one percent Tuesday afternoon as investors take notice of the company's pay-TV deal with Synacor (NASDAQ: SYNC). Per the agreement, Synacor will now be able to deliver Zynga games to a variety of cable and...