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Zynga Inc. (ZNGA)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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8.63-0.03 (-0.35%)
At close: 04:00PM EST
8.67 +0.04 (+0.46%)
After hours: 07:59PM EST
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  • G
    What’s the consensus on holding through earnings?
    Currently have a significant profit & past tense has taught me to not be Greedy!

    It appears Znga’s earnings should or could be Good,
    But No Guarantees!

    Thoughts, Opinions Or Opposing Views!
  • S
    I don't think the earnings will matter in regard to the acquisition. It was no conditional offer. Further TTWO must be aleardy aware of the latest performance before they made the offer.
  • j
    This might be Zynga’s best earnings report ever. And yes earnings still matter as this deal won’t close until June.
  • C
    From 1btc to 5.3btc💹
    Contact Jasmine M Frankie on FB she's the best trader ever with experience
  • J
    Just Me
    “ Activision Blizzard recently contacted a financial adviser to make a board presentation about topping Take-Two’s $12.7 billion offer for Zynga.
    It’s unclear if Activision was considering topping the bid as a fallback plan if the Microsoft deal fell through.
    Zynga is running a 45-day “go-shop” period to seek other potential bids.
  • T
    Loaded the boat. No brainer at this price.
  • G
    I don't think earnings are going to matter much. I initially assumed they would still release guidance for the year in case for some reason the deal wouldn't go through. Sounds like based on their press release, they won't be releasing any guidance. Thus, we will never know if they would or wouldn't have been expecting a profit this year. And therefore, don't expect a quick jump either. Probably makes a third part swooping in even less likely as well.
  • S
    Can someone please explain to me this? "Zynga shareholders will get $9.86 per share, including $3.50 in cash and $6.36 of Take-Two stock."
    So if I have 200 shares, I get that it will be 200 x $3.50 = $700 cash, but I don't understand the part that saids $6.36 of Take-Two stock. Currently the Take-Two stock is at $164.76 per share, so how will they convert the shares? Will it depend on what the price of Take Two will be in june 30th, therefore it's best that it goes lower until then? How do I calculate? Thanks.
  • O
    Znga should go green by 2pm IMO this is a buyout at 9.86 so there should not be any panic sells unless you’re selling for margin calls .
  • O
    Earnings don’t really matter as the share buyout is at 9.86 . But the earnings may be a positive surprise anyways . With the take two synergy take two stock I’d going to go way up after acquisition. Imo
  • S
    What happens in June? Will my Zynga shares be sold at 9.86 each automatically? Or will they become Take Two shares?
  • A
    ATVI just bought by MSFT. Wow. Video game industry on fire right now for deals. Probably going to force other big players into play now. Would not be surprised to see Netflix bid on ZNGA at all. Mobile is what they want and their Chief of Content obviously has a connection with Zynga in the past. Makes a lot of sense. Never know.
  • P
    Success isn't just about what you accomplish in your life; it's about what you inspire others to do there are no secrets to success. It is the result of preparation, hard work, and learning from failure
  • T
    Look at TTWO...up more than 10 pts...ZNGA SHOULD GO UP BY 40 CENTS....See the conversion factor! Be smart and calculate.
  • J
    Easy money with 10% gains from here. You just need time and patience.
  • J
    Does our deal close in June of this year of 2023?
  • M
    "Zynga is required to pay to Take-Two a termination fee of $550 million if Zynga terminates the Merger Agreement to enter into a definitive agreement for an alternative business combination proposal that constitutes a “superior proposal,” unless Zynga so terminates the Merger Agreement during the Go-Shop Period, in which case Zynga would be required to pay to Take-Two a lower termination fee of $400 million...

    ...If the Merger Agreement is terminated because Take-Two’s stockholders fail to approve the issuance of the Stock Consideration and the adoption of the Take-Two Charter Amendment, and Zynga’s stockholders approve the adoption of the Merger Agreement and the Combination, Take-Two will be required to pay to Zynga an expense reimbursement of $50 million."
  • B
    in at 8.81 with 26451 shares, was trying to buy another 25K shares
  • j
    Predicting TenCent will outbid Take Two with an $11.50 cash buyout.
  • W
    Sell or Hold?