Skip to comments.
Zynga stock crushed by Facebook IPO
cnet ^
| 5/18/2012
| Eric Mack
Posted on 05/18/2012 9:56:24 AM PDT by PieterCasparzen
Right now plenty of folks at Zynga are likely wishing this whole stock market thing was just a big social game.
As Facebook debuted on the Nasdaq this morning, the social game maker, which both enjoys and endures a symbiotic relationship with Facebook, saw its own stock fall off a cliff, dropping 13 percent, or $1.10 a share.
...
(Excerpt) Read more at news.cnet.com ...
TOPICS: Business/Economy
KEYWORDS: facebook; ipo
Last I heard, about 15% of facebooks revenue comes from zynga.
To: PieterCasparzen
2
posted on
05/18/2012 9:58:12 AM PDT
by
null and void
(Day 1214 of our ObamaVacation from reality [and what dark chill/is gathering still/before the storm])
To: null and void
Zynga is that cheap?? Hmmm, time to do due diligence ...
3
posted on
05/18/2012 10:15:21 AM PDT
by
Tanniker Smith
(I didn't know she was a liberal when I married her.)
To: Tanniker Smith
Looks like it's recovered most of its losses.
Pity I wasn't able to move in a little earlier. Ah, well.
4
posted on
05/18/2012 10:19:31 AM PDT
by
Tanniker Smith
(I didn't know she was a liberal when I married her.)
To: Tanniker Smith
For God’s sake (and yours!) DO NOT trust any advice I give on the stock market!!!
5
posted on
05/18/2012 10:24:33 AM PDT
by
null and void
(Day 1214 of our ObamaVacation from reality [and what dark chill/is gathering still/before the storm])
To: Tanniker Smith
What do you think of YELP long term?
To: null and void
No offense, but that’s why there’s the reference to due diligence. That being said, I haven’t bought any stock (outside of mutual funds and 401(k) transactions) in quite a while.
7
posted on
05/18/2012 1:08:57 PM PDT
by
Tanniker Smith
(I didn't know she was a liberal when I married her.)
To: Tanniker Smith
No offense taken. I thought providing a warning label for the less prudent was an appropriate and kind thing to do...
8
posted on
05/18/2012 1:29:19 PM PDT
by
null and void
(Day 1214 of our ObamaVacation from reality [and what dark chill/is gathering still/before the storm])
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson