Thursday, March 1, 2012

Stock Alert - Zynga (ZNGA +10%) is up 3.5% AH - 3/1/12

Zynga (ZNGA +10%) is up 3.5% AH, adding to the gains it saw following the unveiling of Zynga Platform , which might reduce its dependence on Facebook (though it relies on Facebook Credits for now). Ryan Lawler isn't yet convinced Zynga Platform will take off. "It’s notoriously difficult to create a platform and a destination site and to aggregate an audience," he writes, "even one that’s already using your product." 
 
Zynga (ZNGA) is trading at $15.25 in ah.Resistance level is $16 and support at 13.

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