The Nasdaq Stock Market ended the session with Zynga jumping 4.94% to $9.14 on Tuesday, after three consecutive sessions in a row of gains. The Nasdaq Stock Market jumped 1.13% to $12,580.90, following yesterday’s upward trend on what was an all-around positive trend exchanging session today.
Zynga today’s close was $9.14, 16.96% below its 52-week high of $10.69.
News about Zynga today
Zynga stock gains after wells fargo upgrade. According to today’s article on MarketWatch, "Shares of Zynga Inc. are up 2.5% in Tuesday morning trading after Wells Fargo analyst Brian Fitzgerald upgraded the stock to overweight from equal weight. ", "” We think shares of Zynga present a favorable risk/reward in light of a new, more detailed strategic vision of organic growth, which CEO Gibeau recently articulated,” he wrote in a note to clients. "
Zynga’s sales growth is 55.9% for the ongoing quarter and 55.1% for the next.
Year-on-year quarterly revenue growth grew by 45.8%, now sitting on 1.76B for the twelve trailing months.
Zynga’s Stock Top and Bottom Yearly Value
Zynga’s stock is valued at $9.14 at 16:06 EST, way under its 52-week high of $10.69 and way above its 52-week low of $5.65.
Zynga’s Moving Average
Zynga’s value is higher than its 50-day moving average of $8.59 and higher than its 200-day moving average of $9.13.
Previous days news about Zynga
Zynga to put words with friends-style game on google nest devices in bid to lure nongamers. According to Bloomberg Quint on Mon Dec 14, "Zynga has seen demand soar this year, thanks in part to pandemic lockdowns. ", "That’s given a lift to Zynga’s shares, which are up 42% this year."