Zynga Shares Drop Below IPO Target in Nasdaq Debut

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Mighty BOB!

Pincus is such a wanker.

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tekknyne

Hah, you mean providing some stupid, b-rated online video game market whose life depends on failed micro-transactions and ad-based revenue streams that only a bunch of broke, mindless fools and their grandmas buy into doesn't qualify as a valuable service? Shocker.

 

Yeah my sentence structure sucks. It's early.

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Biceps

Karma is a bitch, ain't it, Pincus?

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timmyw

Closed off 5% for the day.

They still got one BILLION dollars for 11% of the company. Is Zynga really a $9 billion company?

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Trooper_One

"... Zynga would follow in the footsteps of Groupon, LinkedIn, and other social sites that have gone public and exploded on the stock market."

Perhaps IPO online companies investment fatigue? (ie: No more new money for this type of company)

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