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Zynga's (ZNGA +10.3%) Baltimore office has been shuttered, and its NYC and Texas ops have been...

Zynga's (ZNGA +10.3%) Baltimore office has been shuttered, and its NYC and Texas ops have been consolidated. The moves are the latest in a string of layoffs and office closings made by the social gaming leader as it copes with slumping bookings. Zynga's opex fell 66% Y/Y in Q4, with R&D spending falling 70%. (earlier)
Comments (1)
  • Clarence Christiansen
    , contributor
    Comment (1) | Send Message
     
    I am a licensed investment advisor in Mequon WI. CHRISTIANSEN ASSET MANAGEMENT, INC.

     

    Based on the comments, it appears that you are looking to cover your prior short sale.
    25 Feb 2013, 03:44 PM Reply Like
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