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Zynga stock surges, plunges, surges, regulates in turbulent first day

The trepidation of stock analysts about Zynga’s future (many had said it wasn’t worth the asking price) was proven wrong early this morning as Zynga’s first day on the market started well, climbing 10% to $11 per share. Then it was proven right as the stock tumbled, then it surged again. So where do they […]

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Nyse headlines

  • Midway stock falls 40% since sale

    Midway’s stock’s dropped 40 percent since Sumner Redstone dropped his 87 percent share in the firm for a song earlier this week. The publisher is now trading at 23 cents. Midway was served a delisting notice from the NYSE in late November, so we really could be seeing the end here. Watch and wince.

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  • Midway served NYSE delisting notice

    As reported by Gamespot, Midway’s been served a delisting notice by the New York Stock Exchange due to its failure to reach a minimum average closing price of $1.00 per share for the last 30 trading days. The company has six months to raise its stock price before the NYSE takes further action. For its […]

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  • Midway's shares slump 12%

    Midway’s shares slumped 12% on the New York Stock Exchange yesterday, meaning the sare value hit a 52 week low of 79 cents per share, writes Edge. Meanwhile, Forbes is reporting “that Sumner Redstone, the majority-owner of Midway Games’ parent company National Amusements, is said to be ‘wrapped up in talks with his creditors’.” Oh […]

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  • Sony shares rise on HD-DVD death

    According to this, Sony’s shares rose up to 5 percent on the NYSE this morning on the news that Toshiba has pulled out of the next gen movie disc race. “We believe Blu-ray’s victory could drive market share gains for the PS3, as we believe consumers will now be more willing to pay up (versus […]

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