Seeking Alpha

Zynga (ZNGA +4.9%) and Groupon (GRPN +1.6%) continue their recent rallies, possibly aided by...

Zynga (ZNGA +4.9%) and Groupon (GRPN +1.6%) continue their recent rallies, possibly aided by favorable Jim Cramer mentions (video) during last night's episode of Mad Money. Cramer likes the accolades new Zynga CEO Don Mattrick is receiving from tech/media titans. "[Reid] Hoffman and [Jeffrey] Katzenberg? Both praising this guy? If this were really the Titanic of gaming, believe me these guys wouldn't be making these terrific comments." Regarding Groupon, Cramer suggests (like Wunderlich and Deutsche) the company is transforming itself in the post-Andrew Mason era (much of the groundwork was arguably laid when Mason was around). Zynga is up 23% over the last 3 trading days. (yesterday)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs