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Zynga stock gains as guidance updated after Gram Games deal closes

Shares of Zynga Inc. edged up 0.5% in premarket trade Wednesday, after the mobile games company updated its financial guidance following the closure of its deal to buy Gram Games for $250 million, and a three-year earn out based on the achievement of profitability goals. Zynga said it now expects a net loss of 2 cents a share, compared with previous guidance of a breakeven quarter. Revenue guidance of $208 million is unchanged, while the adjusted bookings outlook was raised to $228 million from $218 million.