As the "Candy Crush" developer heads to the IPO counter, some wonder if it has what it takes to keep momentum going.» Read More
If you think Zynga is going to trade like LinkedIn; that is drop well below its IPO price and stay there, you should keep reading.
Wall Street banks take profit in the latest IPOs by either using client money to invest in pre-I.P.O. shares, landing a role as a lead underwriter, or both, the New York Times reports.
Stocks entered the final hour of the week mixed, with the Dow weaker on pressure from IBM and investors weighing the significance of yet another ratings agency warning on debt.
After much hype about the IPO of Zynga, the stock had a disappointing debut as many analysts wonder whether the social media game maker will be able to keep growing — and if Facebook will get in the way.
Investors should be cautious before jumping into a new initial public offering.
Zynga’s long-anticipated IPO did not benefit from the same first-day bumps that LinkedIn and Groupon soaring higher earlier this year. The social gaming company raised $1 billion—issuing 100 million shares at $10 a share – making it the largest Internet-related IPO since Google’s $1.4 billion offering back in 2004.
US stock index futures pointed to a higher open on Wall Street Friday despite a downgrade by Fitch Ratings of Goldman Sachs, Bank of America and five other large banks based in Europe and the US, citing "increased challenges" in the financial markets.
When the financial markets were zigzagging all over the place in the third quarter, venture capital investments were surprisingly robust.