Zynga's initial public offering wasn't as popular as the company hoped, with the stock closing at $9.50 a share, down 5 percent from its offering price of $10 a share. The weak performance came after a considerable mix of hype and cynicism about the The big winner in Zynga's IPO, the largest by an Internet [...]
December 16th, 2011 | Posted in Zynga | No Comments
By Lynn Cowan Of DOW JONES NEWSWIRES Zynga Inc.'s (ZNGA) launch of its initial public offering on the Nasdaq on Friday didn't include actually showing up for an opening bell ceremony in New York–instead, the bell came to Zynga. Zynga has priced its shares at $10, which will raise about $1 billion in an IPO, [...]
December 16th, 2011 | Posted in Zynga | No Comments
Some bloggers likely have carpal tunnel syndrome from pounding on their keyboards every five minutes refreshing the Securities and Exchange Commission site, ever since CNBC's Kate Kelly sounded the alarm on Wednesday that Zynga's filing was imminent. Zynga is expected to sell $1.5 billion to $2 billion of its stock to the public as early [...]
July 1st, 2011 | Posted in Zynga | No Comments