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Zynga Shares Fall Following Press Conference

by William D'Angelo, posted on 27 June 2012 / 3,326 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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4 Comments

the_dengle
the_dengle (on 27 June 2012)

And not a single tear was shed that day.

  • +11
thetonestarr
thetonestarr (on 01 July 2012)

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

  • +1
Mazty
Mazty (on 27 June 2012)

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

  • +4
Salnax
Salnax (on 27 June 2012)

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

  • 0
mike_intellivision
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
Alby_da_Wolf
Alby_da_Wolf (on 30 June 2012)

*cough* iPhone... :-P

  • 0
thewastedyouth
thewastedyouth (on 01 July 2012)

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

  • 0