|Bid||6.15 x 800|
|Ask||6.19 x 2200|
|Day's range||6.06 - 6.25|
|52-week range||3.32 - 6.55|
|Beta (3Y monthly)||0.35|
|PE ratio (TTM)||N/A|
|Earnings date||30 Jul 2019 - 5 Aug 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||7.05|
May.02 -- Zynga Inc. Chief Executive Officer Frank Gibeau discusses the social gaming company's growth drivers and games in development with Bloomberg's Emily Chang on "Bloomberg Technology."
Zynga Inc. (ZNGA), a global leader in interactive entertainment, today announced the pricing of $600 million aggregate principal amount of 0.25% convertible senior notes due 2024 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Zynga also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $90 million aggregate principal amount of the notes. The notes will be senior unsecured obligations of Zynga and will accrue interest payable semiannually in arrears on June 1 and December 1 of each year, beginning on December 1, 2019, at a rate of 0.25% per year. The notes will mature on June 1, 2024, unless earlier converted, repurchased or redeemed.
Zynga Inc. (ZNGA), a global leader in interactive entertainment, today announced that it intends to offer, subject to market conditions and other factors, $600 million aggregate principal amount of convertible senior notes due 2024 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Zynga also intends to grant the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $90 million aggregate principal amount of the notes. The notes will be senior unsecured obligations of Zynga and will accrue interest payable semiannually in arrears.
Zynga the casual games developer which once rode Facebook's platform topopularity and riches is now turning its attention to Snap for growth
Zynga Inc. (ZNGA), a global leader in interactive entertainment, today announced the launch of its fast-paced battle royale game, Tiny Royale™, exclusively on Snap Inc’s (NYSE: SNAP) new real-time multiplayer gaming platform, Snap Games. Tiny Royale™ is a top-down multiplayer shooter that reinvents the battle royale experience for the Snapchat platform.
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Mobile gaming company Zynga finally sold its headquarters building last week, raising millions in the process. So now what?
Today, Zynga Inc. (ZNGA), a global leader in interactive entertainment, announced that Game of Thrones Slots Casino has launched globally on the App Store and Google Play, with versions for Facebook and the Amazon Appstore coming soon.
Shares of Zynga Inc. are up 2.3% in midday trading Tuesday after the company announced that it had agreed to sell its corporate headquarters with a leaseback provision. The deal, which is expected to close in July, carries a net cash benefit of about $600 million. Piper Jaffray analyst Michael Olson called the deal "dry powder" for future M&A. "We believe the primary use of cash will be potential acquisitions of smaller studios that can complement the Zynga portfolio," he wrote. "However, we are not anticipating a major, transformative acquisition, but instead, opportunities similar to its recent spate of purchases." Olson rates the stock at overweight. Zynga shares have gained 58% so far this year, as the S&P 500 has risen 13%.
Zynga Inc. said Tuesday it has agreed to sell and lease back its corporate headquarters from a unit of Beacon Capital Partners in a deal valued at about $600 million. The deal is expected to close before the end of July. Zynga will enter a 12-year lease that will expire in July 2031 with the option to extend it by 22 years. The initial base rent will be about $10 million for the first year of the lease and may increased by more than 3.25% a year starting in July 2020. Shares rose 1.8% premarket and have gained 45.3% in the last 12 months, while the S&P 500 has gained 3.9%.
Zynga to Lease Back Space and Remain Headquartered in San Francisco
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Zynga and AMD Rose Over 5% after Quarterly ResultsZynga stock up by 5.6%The stock of gaming company Zynga (ZNGA) rose 5.6% on May 2 to close trading at $5.82. The stock is currently trading 75% above its 52-week low of $3.32 and 7% below its 52-week
Our call of the day, from Mohamed El-Erian, chief economic adviser for Pimco parent Allianz, says the Fed lacks a sense of what’s going on with markets and that could spell trouble for investors.
(Bloomberg) -- Zynga Inc. shares surged to a seven-year high on Thursday, after the company reported first-quarter results that beat expectations and lifted its full-year outlook.