Zynga's IPO a Huge Disappointment

Zynga's IPO a Huge Disappointment According to observers possibly one of the worst IPOs in 2011

Forbes magazine and Renaissance Capital characterised Zynga's IPO as one of the worst IPOs of 2011. This is to add more struggle to the social games developer during a trying holiday period.

This week Forbes reported: "Though Zynga is not included in Renaissance Capital’s year-end review – it did not price its offering until December 15 and started trading a day later – its decline of about 60 percent would only barely crack the list of the year’s worst-performers. The smart money may still be on Zynga though as real money online poker is on the verge of becoming legalized in the US while Zynga has already announced plans to begin offering money play in the United Kingdom."

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results