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Zynga is Gambling with its Move Away from Facebook

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HFA Staff
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Zynga is Gambling with its Move Away from Facebook

Zynga Inc (NASDAQ:ZNGA), a company with a fate inextricably linked with that of Facebook Inc (NASDAQ:FB), has seen its stock price crumble since its highs last Spring. The company, which in 2011 accounted for 11% of Facebook's total revenue, is in trouble. A new report from Stern Agee offers some hope for the company.

It appears that Zynga Inc (NASDAQ:ZNGA) has been faltering badly for several months. The company is slowly attempting a move to mobile, but since the stock hit its high point, several of its most prominent executives...

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