Thursday, April 25, 2013

Slow transition to mobile gaming hits Zynga shares

The corporate logo of Zynga Inc, the social network game development company, is shown at its headquarters in San Francisco (Reuters) - Shares of Zynga Inc fell 10 percent in early trading on Thursday after the online game maker forecast a bigger-than-expected second-quarter loss on concerns about its slow transformation into a gaming company focused on mobiles. Zynga management on Wednesday pleaded for more time for the turnaround effort, saying that the company's business, although stabilized, may not pick up until the latter half of the year. ...








via Gaming News Headlines - Yahoo! News http://news.yahoo.com/slow-transition-mobile-gaming-hits-zynga-shares-144319250--sector.html

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