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Zynga (ZNGA +7.5%) is posting big gains two days after its huge management shakeup - Paul Tudor...

Zynga (ZNGA +7.5%) is posting big gains two days after its huge management shakeup - Paul Tudor Jones' vote of confidence could have something to do with it. This morning, Zynga announced a mobile version of its Ruby Blast artifact-collecting game. The company also says it plans to bring Bubble Safari to mobile devices.
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  • Nocifer
    , contributor
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    I think the biggest driver was Paul Jones' move. Management shakeup was announced few days ago and it barely nudged the price. Ruby Blast announcement shouldn't help anything because when CityVille 2 in 3D was launched, it barely nudged the price. Investors wouldn't go buy big over one game announcement at all. So that leaves Paul Jones' purchase which was rather obvious biggest driver.
    15 Nov 2012, 03:52 PM Reply Like
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