Stock Market

Zynga lowers valuation to $7 billion ahead of initial public offering

Zynga is seeking a $7 billion valuation for its initial public offering, which is down $10 billion from previous reports, with analysts agreeing the firm’s initial valuation was too ambitious and that the company should wait until it releases its Q4 financials. Sources state the firm will announce a price on December 15 and that […]

8 years ago

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