informa
News

Zynga stock dips as company debuts second post-IPO game

Today, Zynga launched its second post-IPO game, Scramble With Friends, and also saw its stock take a significant drop from $9.19 to $8.91 per share, nearing its all time low of $8.75.
Newsbrief: Shares for social gaming giant Zynga dipped today after the debut of Scramble With Friends, the company's first mobile title since going public last month. Shares closed today at $8.91 per share, down 3 percent from yesterday's close of $9.19. Shares were traded for as little as $8.82 during the day, nearing its all time low of $8.75. Just yesterday, the company debuted Hidden Chronicles, a new Facebook-based "hidden object" title. With two new releases arriving just this week, the company's sudden drop on the NASDAQ was a bit unexpected. Zynga officially went public in mid-December, and despite a rough debut, has thus far seen fairly consistent performance on the stock market.

Latest Jobs

Infinity Ward

Woodland Hills, California
11.3.21
Sr. Multiplayer Design Scripter/Programmer

Disbelief

Cambridge, Massachusetts
11.3.21
Jr. Programmer

XSEED

Torrance, California
11.3.21
Head of Marketing
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more