Zynga: Investors Planning To Sell Stocks In Near Future

Posted on Mar 14 2012 - 9:51am by Editorial Staff

The social gaming company being in the news for quite some time for its new-to-launch game portal Zynga.com and on the other of $228 million building deal – the company taking a step further investors in Zynga are planning to sell stocks in the near future, reports The Wall Street Journal. The plan comes just three months after the gaming company filed its December Initial Public Offering, breaking a 165-day lockup early in an attempt to reduce future volatility of the stock price of the company. Zynga’s previous close was recorded as 13.38 on Tuesday, March 13th.

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.

  • pratibha delhi

    good move