Tag Archives: nyse
Fri, Dec 16, 2011 | 20:34 GMT
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 stand?
As of late afternoon on the New York Stock Exchange, Zynga’s stock has regulated to about the same place it started, around $10/share. The day has no doubt been an emotional rollercoaster ride for Zynga who started the day as the year’s most successful Initial Public Offering, but several times looked like it might become the year’s biggest tragedy. Their IPO produced about $1 billion, which is the largest of any company this year, and the largest tech IPO since Google in 2004.
Via the Wall Street Journal.
Thu, Dec 04, 2008 | 19:51 GMT
Fri, Nov 21, 2008 | 19:38 GMT
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 part, the publisher said that it “plans to notify the NYSE that it will seek to cure the deficiency.”
Ropey. More through there.
Wed, Oct 22, 2008 | 10:03 BST
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’.”
More through the links.
By Mike Bowden
Tue, Feb 19, 2008 | 20:49 GMT
“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 360) for the standard Blu-ray player,” said William Blair analyst Ralph Shackart.
Sony US shares rose to a session high of $47.07 in early trade on the NYSE before easing to $46.30, up $1.52, or 3.4 percent from the Friday close. On Monday, markets were closed due to the President’s Day holiday.