Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Zynga (ZNGA -7.5%) is adding to the Friday losses it saw on news its deal with Facebook (FB...

  • Monday, December 3, 2012, 2:38 PM ET
    Zynga (ZNGA -7.5%) is adding to the Friday losses it saw on news its deal with Facebook (FB -1.6%) had been altered. Zynga's latest executive departures could be a factor, and so might an AllThingsD report about a dinner hosted by Mark Zuckerberg for Facebook game developers. During the dinner, at which Zynga wasn't present, an idea was floated to have Facebook's cut of virtual goods sales change from a current flat fee of 30% to a "sliding scale" in which smaller developers would pay less. However, sources claim there are no immediate plans to do this.
Other date
DJIA (DIA) S&P 500 (SPY)