Zynga Stock Dives on Loss - WSJ.com: "Zynga Inc. fueled an Internet investment frenzy last year with a much-hyped initial public offering and a skyrocketing valuation. On Wednesday, the online games maker showed its vulnerability as the company's stock plunged 40% following weak quarterly results.
The San Francisco company swung to a loss for its second quarter and reported that its year-over-year revenue growth slowed to 19%, down from 32% in the prior quarter. Zynga also lowered its full-year outlook.
The weak results immediately sent the company's shares into free fall.In after-hours trading, Zynga's stock fell to $3.05, down nearly 70%, from the $10 at which the ..."
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Dawgen Global is an integrated multidisciplinary professional service firm . The firm is staff by a Global Team of Professionals spanning several disciplines. We are integrated as one firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services Caribbean Region Head Office : Dawgen Towers 47-49 Trinidad Terrace Kingston 5 Tel: (876) 9292518 | (876) 9265210 Email: info@dawgen.global
Wednesday, July 25, 2012
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Dawgen Global is an integrated multidisciplinary professional service firm We are integrated as one firm and provide several profession...
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