Zynga (ZNGZ: Nasdaq), the social gaming leader, went public on December 16, 2011, following months of hype and speculation. It followed several high-profile internet companies in the IPO class of 2011, including LinkedIn (LNKD: NYSE), Pandora (P: NYSE) and Groupon (GRPN: Nasdaq).Turbulent market conditions made it difficult to get to that celebratory opening bell, let alone do so successfully. The internet sector, this year, made life harder for itself and Zynga exemplifies the trend.
See full Article.
Posts
