Seeking Alpha

Hedge fund reports 5.07% passive stake in Zynga

  • Robert Pitts' Steadfast Capital has disclosed a 31.5M-share (5.07%) passive stake in Zynga (ZNGA). Steadfast joins Barry Rosenstein's Jana Partners in owning a large piece of the struggling social game developer. (13G)
  • ZNGA +1.1% AH. Q3 results arrive on Thursday.
Comments (2)
  • LYogi
    , contributor
    Comments (2358) | Send Message
     
    like
    21 Oct 2013, 04:36 PM Reply Like
  • haleiwahu
    , contributor
    Comments (3672) | Send Message
     
    If it's struggling and you see light at the end of the tunnel, then now's the time to buy. Otherwise, you might want to wait for the $2.65 drop to hit like the rest of us.
    21 Oct 2013, 06:40 PM Reply Like
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