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It seems like every week we see another VC-backed company go public and the stock soars — most recently, Splunk stock jumped 109 after going public. With such profitable exits, one would expect venture investors to clamor to pour money into startups. But in fact, the opposite is the case.
Coming up with the next hot Internet game is far from child’s play, and that’s what concerns Needham & Co. analyst Sean McGowan about Zynga.
Shares of Zynga are down 25% over the past month. Sean McGowan, Needham & Company senior analyst, explains why he upgraded his rating on the company to "hold" from "underperform."
To win over Instagram, Facebook was forced to show its hand.
Bloomberg reports Zynga made an offer of more than $2 billion to scoop up Rovio, the creators of mobile hit Angry Birds.
The Fast Money traders always enjoy hearing from you. Following are your questions about Zinga, GE, McDonald’s and more.
Facebook's blockbuster initial public offering could be coming at just the right time for markets — right when investors are preparing for the seemingly annual ritual to sell in May and go away.
When the mobile start-up Instagram can command $1 billion in a sale to Facebook, some start-ups are asking: Who needs the Web?
Rovio, the maker of the wildly popular Angry Birds game, has stolen a few pages from Disney's playbook. And it just might work.
Facebook is bulking up its communications teams as it prepares to cope with the increased spotlight of being a public company, according to people familiar with the matter.
Private market trading in Facebook – the company that created the need for secondary brokerages in the first place – will be suspended after this week as the company takes final steps toward its initial public offering slated for May, according to people familiar with the matter.
Gamestop is shaping up to be one of the really great battleground stocks of this year. The big question is whether Zynga and the rapidly changing world of gaming are doing to GameStop what Netflix did to Blockbuster.
Take a look at some of Friday morning’s early movers:
Rovio has turned its one hit wonder into a money making machine. Its newest game - Angry Birds Space went on sale at midnight and almost immediately became the top selling and top grossing app on the iPhone and iPad, not just in the US, but also in China and Japan.
Stocks ended narrowly mixed in a lackluster session Wednesday following a weaker-than-expected existing home sales report and as investors were reluctant to jump in following the recent market rally.
Zynga stock popped on the company’s announcement that it snapped up game maker ‘OMGPOP,’ snagging its hit new game ‘Draw Something.’
Zynga acquired OMGPOP, the developer of the social drawing game 'Draw Something', Zynga company announced Wednesday.
CNBC's Kayla Tausche reports Zynga's proposed acquisition of OMGPOP is worth roughly $200 million.
CNBC's Kayla Tausche has details on Yahoo board nominations and Facebook holding an April meeting with sell-side analysts to discuss the company's financials in more detail.
There are a handful of small, actively managed mutual funds holding little more than a dozen or so stocks boasting returns above 22 percent this year. Their secret? Old-fashioned stock picking of lesser-known or undervalued companies.