Zynga Inc Class A Stock Falls On Unusually High Volume (ZNGA)
Zynga Inc Class A (Nasdaq:ZNGA) is trading at unusually high volume Tuesday with 62.3 million shares changing hands. It is currently at two times its average daily volume and trading down 18 cents (-4.6%).
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Zynga Inc Class A (Nasdaq: ZNGA) is trading at unusually high volume Tuesday with 62.3 million shares changing hands. It is currently at two times its average daily volume and trading down 18 cents (-4.6%) at $3.75 as of 1:57 p.m. ET.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Zynga Inc Class A has a market cap of $2.14 billion and is part of the technology sector and internet industry. Shares are up 66.6% year to date as of the close of trading on Monday. 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. TheStreet Ratings rates Zynga Inc Class A as a sell. 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 Inc Class A Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.