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) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Zynga fell $0.05 (-1.1%) to $4.41 on average volume. Throughout the day, 24,859,519 shares of Zynga exchanged hands as compared to its average daily volume of 22,097,400 shares. The stock ranged in price between $4.33-$4.55 after having opened the day at $4.46 as compared to the previous trading day's close of $4.46. Other companies within the Internet industry that declined today were:
), down 11.4%,
), down 10.2%,
), down 5.4% and
), down 2.3%.
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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 $2.3 billion and is part of the technology sector. Shares are up 46.6% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Zynga a buy, 3 analysts rate it a sell, and 17 rate it a hold.
TheStreet Ratings rates
. Among the areas we feel are negative, one of the most important has been weak operating cash flow.
- You can view the full Zynga Ratings Report.
On the positive front,
), up 7.2%,
), up 6.9%,
), up 4.8% and
), up 4.7% , were all gainers within the internet industry with
) being today's featured internet industry leader.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the internet industry could consider
) while those bearish on the internet industry could consider
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