Banking, finance, and taxes

Zynga Halted Following Delay in Facebook IPO

Source: Zynga
Shares of Zynga Inc. (NASDAQ: ZNGA) were halted shortly afterFacebook Inc. (NASDAQ: FB) launched this morning as the delayed opening caused the game-maker’s shareholders to run away from the stock in big numbers. Shares had dropped more than -13%.

Trading was halted after Zynga’s shares fell by -10%, then were briefly reopened before being stopped again.

Shares are now trading once more, down about -5.7% at $7.80 after posting a new 52-week low of $7.08. The previous 52-week range was $7.34-$15.91.

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.