Quantcast
Channel: DailyFinance.com
Viewing all articles
Browse latest Browse all 9760

Can These Coming Moves Keep Zynga's Turnaround Going?

0
0

Filed under:

Social game developer Zynga has engineered a respectable comeback of late. After one of the most spectacular post-IPO crashes in recent memory, its shares are trading hands today some 60% higher than they were just three months ago.

However, as Zynga's new management team sees it, the company is just getting started. And recently, it announced a coming set of moves that are aimed at supporting and sustaining its plans for a more prosperous future.

Zooming Zynga
Under recently minted CEO Don Mattrick, Zynga plans to solidify its core gaming audience in the coming months by launching revamped tablet versions of three of its most popular gaming titles: Words with Friends, Farmville, and Zynga Poker

Source: Zynga.


The hope is that by keeping its core constituency as engaged as possible, Zynga will be able to develop newer titles that could help it gradually expand its overall presence in the gaming space. And while the moves do little to address some of the more fundamental issues with its business model, this should all the more imperative given mobile gaming power King's coming IPO as well.

In the video below, tech and telecom analyst Andrew Tonner looks at Zynga's big-time plans and what they mean for investors.

A better way to invest in growth stocks than Zynga
They said it couldn't be done. But David Gardner has proved them wrong time, and time, and time again with stock returns like 926%, 2,239%, and 4,371%. In fact, just recently one of his favorite stocks became a 100-bagger. And he's ready to do it again. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.

The article Can These Coming Moves Keep Zynga's Turnaround Going? originally appeared on Fool.com.

Andrew Tonner has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

Read | Permalink | Email this | Linking Blogs | Comments


Viewing all articles
Browse latest Browse all 9760

Latest Images

Trending Articles





Latest Images