Why does this keep dropping after 3pm? We were at 2.69 yesterday and 2.68 today and they pull it back. MM's??
$2.66 close to be exact. Then that amazing (LOL) earning release that dark night.
No. Fell to and closed around the 2.60's on China office closing announcement on day of earnings. Rossi is correct.
Published on Feb 19, 2015
Commanders, welcome to the Exclusive First Look Trailer for the totally reimagined Empires & Allies, Zynga’s exciting new entry into the mobile action strategy genre. Pay a visit to Zynga HQ for an exclusive first-look at gameplay footage. SVP Mark Skaggs (former EP of “Command and Conquer”) and Principal Game Designer Cameron McNeill will brief you on what to expect from this immersive and realistic modern military strategy game. Stay tuned, Empires and Allies is currently in geo-lock beta and will be available for download to your mobile device soon.
and they actually make money on their games. The problem is with the MANAGEMENT".
He also said, he wouldn't short the stock here because of all the cash/assets and cash generating games. Again the problem is with Mattick!
BTIG calling for DM head!!
and sometimes the street doesn't get that".
Should be interesting.
Zynga is well positioned to benefit from the strong mobile game market, going forward. We believe that the game launches in 2014 including NFL Showdown and Zynga Poker were accretive to the company’s top-line growth along with core franchises like FarmVille, Zynga Casino and Words With Friends. In addition, hit game like Hit It Rich! Slots delivered double-digit growth, driving revenue growth. The company plans to expand its Words franchise in 2015 with the worldwide launch of Words On Tour on iOS, Android and Facebook (FB). This should boost near-term performance.
However, intensifying competition from King Digital (KING), Glu Mobile (GLUU) and Electronic Arts remains as a headwind. The resurgence in physical game sales due to Next Gen consoles will be a significant headwind at least in the near term.
Currently, Zynga has a Zacks Rank #2 (Buy).