Zynga Inc (ZNGA): Today's Featured Internet Winner
(
) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day down 0.5%. By the end of trading, Zynga rose $0.20 (6.5%) to $3.27 on heavy volume. Throughout the day, 97,800,777 shares of Zynga exchanged hands as compared to its average daily volume of 22,761,500 shares. The stock ranged in a price between $3.21-$3.48 after having opened the day at $3.44 as compared to the previous trading day's close of $3.07. Other companies within the Internet industry that increased today were:
Mediabistro
(
MBIS
), up 11.7%,
(
), up 4.2%,
(
), up 3.2% and
(
), up 2.9%.
Zynga Inc. develops, markets, and operates online social games as live services on the Internet, social networking sites, and mobile platforms in the United States and internationally. Zynga has a market cap of $1.7 billion and is part of the technology sector. Shares are up 17.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Zynga a buy, 3 analysts rate it a sell, and 15 rate it a hold.
TheStreet Ratings rates Zynga as a
. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself.
- You can view the full Zynga Ratings Report.
On the negative front,
(
), down 9.1%,
(
), down 8.7%,
(
), down 7.6% and
(
), down 4.8% , were all laggards within the internet industry with
(
) being today's internet industry laggard.
- Use our internet section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the internet industry could consider
First Trust Dow Jones Internet Idx
(
) while those bearish on the internet industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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