Where does Zynga go from here?

Zynga CEO Mark Pincus (middle) when the company went public

Yesterday, Zynga announced a big writeoff and told Wall Street its growth was slowing. Today, Wall Street returned the favor by crushing Zynga shares, forcing them down 12 percent to $2.48.
Analysts say Zynga could still recover. It remains a leader in the casual gaming industry, with more than 300 million monthly users, and  and as of July 30, it held a decent financial cushion in the form of $436 million in cash and equivalents on hand — a good chunk of the $1 billion it raised in its IPO late last year.
It’s starting to look…

Link: Where does Zynga go from here?

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About The Author

Vinod Rawat

I'm a very patient listener with positive attitude towards work and life. I'm kind of innovative and creative, I keep learning things and try to implement them to the best use possible. Sometimes I love to write a little and share with the world, sometimes I stay busy at work or family. Professionally I'm a Web & Graphic Designer and also a Pro Marketer. I have over 12 years of working experience in Sales & Marketing, Graphic and Web Design. Explored many areas of business. Sometimes I do love to travel.

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