ZNGA - Zynga Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
5.87
-0.12 (-2.00%)
At close: 4:00PM EDT

5.91 +0.04 (0.68%)
After hours: 7:07PM EDT

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Previous Close5.99
Open5.97
Bid5.89 x 800
Ask5.91 x 312300
Day's Range5.86 - 6.09
52 Week Range3.32 - 6.55
Volume15,156,486
Avg. Volume17,632,951
Market Cap5.49B
Beta (3Y Monthly)0.35
PE Ratio (TTM)N/A
EPS (TTM)-0.14
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.05
Trade prices are not sourced from all markets
  • Zynga’s Original Hit Game FarmVille Marks 10-Year Anniversary Milestone
    Business Wire13 hours ago

    Zynga’s Original Hit Game FarmVille Marks 10-Year Anniversary Milestone

    Sharing the spirit, authenticity and sense of community with the FarmVille franchise, Yearwood will lend her likeness and her new single to FarmVille 2: Country Escape, to kick off Zynga’s multi-month anniversary celebration.

  • Bloomberg2 days ago

    Early Spotify Investor Raises $300 Million for Young Startups

    (Bloomberg) -- Creandum, an early investor in Spotify Technology SA and iZettle AB, has raised a 265 million euro ($300 million) fund, in a bid to find and back Europe’s next tech superstars.With offices in Stockholm, Berlin and San Francisco, the venture capital fund returned more than $800 million to investors last year after exits from previous investments, such as Spotify, which went public on the New York Stock Exchange, and Small Giant Games, which was acquired by Zynga Inc.With it’s fifth and latest fund, Creandum will continue to target early-stage investments in so-called seed and A rounds in areas including food, health tech, mobility, fintech as well as logistics, manufacturing software and energy."We try to continue to stay small, despite a chance to raise more money," Johan Brenner, the general partner at Creandum, said in an interview, adding the fund’s backers are comprised of 26 investors, including pension funds, endowments and family offices in Europe, the U.S. and Asia.Creandum turned away some investors to keep the fund small, Brenner says, adding that it would help "to focus on the early stage, where we think the best investments can be made and the best returns can be made for our investors."While a larger fund would allow the firm to make many more small investments, Creandum wouldn’t have the time to support the investments and the management, resulting in lower returns, Brenner said. Creandum said it has already made some investments through the new fund that are yet to be announced.Creandum’s fund size compares to peers that have raised much larger pools of capital. Accel, an early investor in Slack Technologies Inc., in May announced it has raised a $575 million fund aimed at nascent companies in Europe and Israel. While European insurer Allianz SE unveiled in February it was increasing the size of its tech investment fund to 1 billion euros.The Creandum II fund, which started in 2007, has returned about 1,000 percent. The fund in May 2018 sold its stake in iZettle to PayPal Holdings Inc. It was also one of the first institutional investors in Spotify in 2008.(Added context on Creandum II fund.)To contact the reporter on this story: Natalia Drozdiak in Brussels at ndrozdiak1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Zynga (ZNGA) Flat As Market Gains: What You Should Know
    Zacks6 days ago

    Zynga (ZNGA) Flat As Market Gains: What You Should Know

    Zynga (ZNGA) closed at $6.07 in the latest trading session, marking no change from the prior day.

  • Bloomberg6 days ago

    I Tried Using Facebook’s Libra Blockchain. It Didn’t Work.

    (Bloomberg Opinion) -- On Tuesday, Facebook announced its new cryptocurrency Libra with a white paper and prototype of the client software. Regulators are already tripping over themselves to regulate Libra, but the cryptocurrency isn’t even complete. Not just in need of updates. Libra is incomplete in the sense that its creators are still figuring out what to build.Libra’s documentation is a monstrosity, a 12-page white paper accompanied by 96 pages of technical detail. The papers are far from expository. There are vague references to empowering the unbanked and transitioning from centralization to decentralization, and an unspecified shift from permissioned access to permissionless with open participation in governance. The documents not only describe a lot of functionality that hasn’t been built but also refer to major architectural features that have yet to be invented.(1)“Make it up as we go along” is reasonable for a seed-stage startup, but not something one would expect from a half-trillion-dollar tech company — especially not one that’s collecting $10 million checks from prospective members.I spent an afternoon installing Libra with the goal of creating my own digital asset, and it was not an empowering experience. Most of the features were unavailable or unimplemented, and there was little functionality beyond the ability to place fake coins in a wallet. It’s odd that a company like Facebook would release software in such a state.The experience is a far cry from Facebook’s developer tools for its social network. The Facebook developer platform offers a set of programming interfaces for developers to integrate with the open “social graph” of personal relations, and when it launched in 2007, an ecosystem immediately sprang up to support it. In that case, Facebook erred on the side of being too openhanded with the tools it made available, and had to tighten access later on. Numerous companies built their business models by leveraging Facebook’s developer platform, from Cambridge Analytica to Zynga. Stanford even offered a computer science class to teach students to create Facebook apps.A developer platform may be the ultimate plan for Libra. The Libra “blockchain” was implemented in a trendy high-performance language called Rust, with open-source code hosted on Github, where hundreds of prospective Libra developers have already gathered to provide input. It’s possible that the Libra Foundation members will eventually provide funding for Libra app developers the same way the Ethereum Foundation provides grants to support those who build smart contracts for the Ethereum blockchain.Given the nonfunctionality of the current software and ambiguity of the white paper, it’s clear that Libra’s announcement was intended to solicit feedback from regulators rather than to win over users. Lawmakers are not known for their ability to accommodate rapid iteration, so it makes sense that Facebook would put out a rudimentary proposal before investing more energy and reputation in crypto.Regardless, the burden is now on regulators to define the boundaries rather than complain about a Cambridge Analytica type of scandal later on. Officials should have learned that if you give people tools, they will develop things in ways that will surprise you. Regulators do not like to be surprised.(1) From the white paper: ”We do not believe that there is a proven solution that can deliver the scale, stability, and security needed to support billions of people and transactions across the globe through a permissionless network. One of the association’s directives will be to work with the community to research and implement this transition.”To contact the author of this story: Elaine Ou at elaine@globalfinancialaccess.comTo contact the editor responsible for this story: Philip Gray at philipgray@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Elaine Ou is a Bloomberg Opinion columnist. She is a blockchain engineer at Global Financial Access in San Francisco. Previously she was a lecturer in the electrical and information engineering department at the University of Sydney.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Small Giant Games Announces Epic Expansion to Hit Franchise Empires & Puzzles
    Business Wire8 days ago

    Small Giant Games Announces Epic Expansion to Hit Franchise Empires & Puzzles

    Small Giant Games (“Small Giant”), a subsidiary of Zynga Inc. (ZNGA), a global leader in interactive entertainment, is announcing an epic expansion to its popular franchise, Empires & Puzzles. A brand new building, the Hunter’s Lodge, is also being introduced, allowing players to craft new battle items. “Since the Small Giant team joined the Zynga family last year, we’ve been blown away by their continued ingenuity in innovating within Empires & Puzzles, a cornerstone of our portfolio of forever franchises,” said Bernard Kim, President of Publishing at Zynga.

  • Markit8 days ago

    See what the IHS Markit Score report has to say about Zynga Inc.

    Zynga Inc NASDAQ/NGS:ZNGAView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for ZNGA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ZNGA. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ZNGA had net inflows of $1.69 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Zynga (ZNGA) Outpaces Stock Market Gains: What You Should Know
    Zacks13 days ago

    Zynga (ZNGA) Outpaces Stock Market Gains: What You Should Know

    Zynga (ZNGA) closed the most recent trading day at $6.23, moving +0.65% from the previous trading session.

  • Business Wire14 days ago

    Zynga Inc. Announces Pricing of Offering of $600 Million of Convertible Senior Notes

    Zynga Inc. (ZNGA), a global leader in interactive entertainment, today announced the pricing of $600 million aggregate principal amount of 0.25% convertible senior notes due 2024 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Zynga also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $90 million aggregate principal amount of the notes. The notes will be senior unsecured obligations of Zynga and will accrue interest payable semiannually in arrears on June 1 and December 1 of each year, beginning on December 1, 2019, at a rate of 0.25% per year. The notes will mature on June 1, 2024, unless earlier converted, repurchased or redeemed.

  • Why Zynga Stock Gained 11.1% in May
    Motley Fool15 days ago

    Why Zynga Stock Gained 11.1% in May

    A solid earnings report and evidence of successful acquisitions helped the video game company significantly outperform the market last month.

  • Business Wire16 days ago

    Zynga Inc. Announces Proposed Private Offering of $600 Million of Convertible Senior Notes

    Zynga Inc. (ZNGA), a global leader in interactive entertainment, today announced that it intends to offer, subject to market conditions and other factors, $600 million aggregate principal amount of convertible senior notes due 2024 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Zynga also intends to grant the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $90 million aggregate principal amount of the notes. The notes will be senior unsecured obligations of Zynga and will accrue interest payable semiannually in arrears.

  • Were Hedge Funds Right About Flocking Into Zynga Inc (ZNGA) ?
    Insider Monkey16 days ago

    Were Hedge Funds Right About Flocking Into Zynga Inc (ZNGA) ?

    "The end to the U.S. Government shutdown, reports of progress on China-U.S. trade talks, and the Federal Reserve’s confirmation that it did not plan further interest rate hikes in 2019 allayed investor fears and drove U.S. markets substantially higher in the first quarter of the year. Global markets followed suit pretty much across the board […]

  • Snap's Gaming Platform Gets an Exclusive Battle Royale Game
    Zacks19 days ago

    Snap's Gaming Platform Gets an Exclusive Battle Royale Game

    Snap's (SNAP) gaming platform gets a boost with the launch of an exclusive battle royale game, Tiny Royale, from Zynga.

  • Zynga brings battle royale game to Snapchat
    American City Business Journals21 days ago

    Zynga brings battle royale game to Snapchat

    The multiplayer shooter game along the lines of “Fortnite” is now available on Snap Games, the real-time multiplayer gaming platform that Snap announced in April.

  • Zynga launches battle royale game as a Snap Games exclusive
    TechCrunch21 days ago

    Zynga launches battle royale game as a Snap Games exclusive

    Zynga the casual games developer which once rode Facebook's platform topopularity and riches is now turning its attention to Snap for growth

  • Zynga Launches Tiny Royale™ Exclusively on Snap Games
    Business Wire21 days ago

    Zynga Launches Tiny Royale™ Exclusively on Snap Games

    Zynga Inc. (ZNGA), a global leader in interactive entertainment, today announced the launch of its fast-paced battle royale game, Tiny Royale™, exclusively on Snap Inc’s (NYSE: SNAP) new real-time multiplayer gaming platform, Snap Games. Tiny Royale™ is a top-down multiplayer shooter that reinvents the battle royale experience for the Snapchat platform.

  • Motley Fool22 days ago

    Uber's First Public Quarter, Uber's First Public Billion-Dollar Loss

    The path to profitability had better be short if Uber wants to stop hemorrhaging money; plus more earnings from tech, retail, and more.

  • Barrons.com23 days ago

    Zynga Is Now Flush With Cash and Investors Are Watching for More Deals

    Mobile gaming company Zynga finally sold its headquarters building last week, raising millions in the process. So now what?

  • CNTY vs. ZNGA: Which Stock Is the Better Value Option?
    Zacks26 days ago

    CNTY vs. ZNGA: Which Stock Is the Better Value Option?

    CNTY vs. ZNGA: Which Stock Is the Better Value Option?

  • CNBC27 days ago

    Here are the biggest analyst calls of the day: Tesla, Apple, Citi, Verizon & more

    Barclays lowered its price target on Tesla to $150 from $192 Morgan Stanley lowered its price target on Apple to $231 from $240 Goldman Sachs upgraded Citi to buy from neutral UBS downgraded Verizon to neutral from buy Guggenheim upgraded Comcast to buy from neutral Stephens upgraded Zynga to overweight from equal-weight Deutsche Bank downgraded U.

  • Zynga Launches First-of-its-Kind Game of Thrones® Slots Casino
    Business Wire27 days ago

    Zynga Launches First-of-its-Kind Game of Thrones® Slots Casino

    Today, Zynga Inc. (ZNGA), a global leader in interactive entertainment, announced that Game of Thrones Slots Casino has launched globally on the App Store and Google Play, with versions for Facebook and the Amazon Appstore coming soon.

  • Zynga to Make $369 Million on Sale of Headquarters
    Motley Fool28 days ago

    Zynga to Make $369 Million on Sale of Headquarters

    That's far more than the company has ever made selling mobile games.

  • Six Famous Failed Video Game Makers
    Investopedia29 days ago

    Six Famous Failed Video Game Makers

    Learn about six of the most famous failures in the video game industry. The video game industry pulls in $100 billion in revenue annually. Failed companies offer a cautionary tale.