The Facebook Effect: Zynga Trading at All-Time Low

Following Facebook’s initial trade on the Nasdaq, Zynga’s stock tanked, hitting an all-time low. The social game maker, which makes up 15 percent of Facebook’s revenue, did not benefit from the company’s public offering. In early trading this morning, Zynga’s shares fell 13.30 percent, or $1.10 apiece, to a new low of $7.17. Zynga went public in December at $10 a share.


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There was a worry before I started this that I was going to burn every bridge I had. But I realize now that there are some bridges that are worth burning.

— Valleywag editor Sam Biddle