Wednesday, July 25, 2012

Zynga Stock Tanks

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?

Game maker Zynga stock tanks after weak 2Q report

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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