SAN FRANCISCO (TheStreet) – Himax Technologies (HIMX) - Get Report fell sharply after an analyst warned that the smartphone display maker is likely to encounter a weak fourth quarter. Texas Instruments, however, soared as the chip maker guided Wall Street higher with its fourth quarter forecast. Alibaba Group and Zynga both posted gains in late trading.

Himax, based in Taiwan, fell 7.9% to $8.05 at the close, after an analyst with Chardan Capital Markets predicted the smartphone display maker would face weak sales in getting its products onto 4G devices in the fourth quarter, noted a report in Barron's.

The Chardan analyst pointed to the likelihood that Himax will have a tough time getting the capacity it needs to pump out its displays, because its main fabrication partner will have its plants busy getting iPhone 6 displays out the door. The analyst anticipates Himax's fourth quarter revenue will be flat to slightly down.

Texas Instruments (TXN) - Get Report jumped 5.3% to $46.77 at the close, after the Dallas-based chip designer and manufacturer increased its fourth quarter guidance.

TI now expects to generate net earnings of 64 cents to 74 cents a share on revenue of $3.13 billion to $3.39 billion. Wall Street was expecting TI to bring home net profit of 63 cents in the fourth quarter on revenue of $3.26 billion.

Although investors may have been worried that a softening global economy was going to steal sales way from TI, the company noted sales are virtually similar to where they usually are during this time of the season. TI upped its fourth quarter guidance when it reported its third quarter results, as seen in its transcript of its earnings call.

Embattled online social game publisher Zynga (ZNGA) - Get Report soared 6.1% at the close to $2.43.

The maker of FarmVille and Words With Friends has seen its stock drop sharply since mid-September when it traded in the low $3 range, but over the past seven days it has been including up slowly.

It's not readily evident why Zynga's shares are up Tuesday, but the company is headed toward its third quarter earnings release on Nov. 6. Zynga has been plagued with weak operating cash flow, massive layoffs and executive departures, leaving some to characterize it as among the worst over-hyped IPOs when it went out in 2011.

At the time of publication, the author held no positions in any of the stocks mentioned, although positions may change at any time.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

TheStreet Ratings team rates ZYNGA INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

"We rate ZYNGA INC (ZNGA) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself."

You can view the full analysis from the report here: ZNGA Ratings Report