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Zynga Shares Fall Following Press Conference - News

by William D'Angelo , posted on 27 June 2012 / 4,623 Views

Zynga shares have fallen by 30 cents or five percent following its 'Unleashed' press conference, reports Develop. Shares closed at $5.77 yesterday, after a daily high of $6.35. The drop is shares shows that investors aren't convinced by what Zynga showed off at its press conference.

Zynga announced it was opening up its standalone platform Zynga.com to third party developers. New social features were also announced, including Zynga with Friends and multiplayer. Zynga announced that there are more than a million player actions every second for all of its games combined.


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7 Comments
the_dengle (on 27 June 2012)

And not a single tear was shed that day.

  • +11
thetonestarr the_dengle (on 01 July 2012)

Not even Zynga execs, who are fully aware that their company is the spawn of Satan himself.

  • +1
Mazty (on 27 June 2012)

If Zynga, the kings of casual gaming are screwed, look out Nintendo.

  • +4
Salnax Mazty (on 27 June 2012)

Zynga is the king of casual gaming. Nintendo is the emperor of gaming.

  • 0
mike_intellivision (on 28 June 2012)

This shows that the model which everyone thinks will replace traditional console gaming is flawed. After a while, people stop buying the same thing.

  • +2

cough iPhone... :-P

  • 0
thewastedyouth (on 01 July 2012)

time to DIE casual gamers, cancer that is killing the industry!!

  • 0