No surprise here: $ZNGA stock tanks. Zynga makes the internet games, and they're just not growing as fast as they used to. Of course, this also impacts $FB which reports tomorrow.
It seems to me like these social media and internet gaming stocks are similar to the B2B stock craze in 1999-2000. Is it just me?
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Game maker Zynga stock tanks after weak 2Q report
AP BUSINESS | JULY 25, 2012
http://pulse.me/s/bBeQ8
NEW YORK (AP) — Zynga Inc. lost money and received less revenue than anticipated in the second quarter because "CityVille," ''FarmVille" and other ga... Read more
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Sent via Pulse
Game maker Zynga stock tanks after weak 2Q report
AP BUSINESS | JULY 25, 2012
http://pulse.me/s/bBeQ8
NEW YORK (AP) — Zynga Inc. lost money and received less revenue than anticipated in the second quarter because "CityVille," ''FarmVille" and other ga... Read more
--
Sent via Pulse
