Sunday, 18 December 2011

Zynga falters in debut, sheds doubt on IPO market

NEW YORK/SAN FRANCISCO (Reuters) - Online games developer Zynga Inc scored badly as it went public on Friday, dashing hopes for the year's hottest tech IPO, as investors frowned on its over-reliance on Facebook, dimming growth prospects, and outsized control by CEO Mark Pincus.


Source: http://mf.feeds.reuters.com/c/871/f/435411/s/1afe41c1/l/0L0Sreuters0N0Carticle0C20A110C120C160Cus0Ezynga0EidUSTRE7BE26O20A1112160DfeedType0FRSS0GfeedName0FtechnologyNews/story01.htm

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