Not good news for Facebook and Zynga

Stock prices to slide into the cellar , Not good news for Facebook: games provider Zynga, the Facebook owes its revenue is around 15, has revised its financial outlook downwards. The Facebook share price again fell in the sequence. After the game publisher Zynga has finished the last quarter unexpectedly with a loss of 23 million dollars and cut its forecast for the current year, too, many investors have reacted scared: In after hours trading, the share price fell on Wednesday to more than 40 percent. Zynga hit the shock but also Facebook. The fate of both companies is closely linked because most of the players are on Zynga and Facebook . Facebook wins and earns the games developer in exchange for about 15 percent of its sales. In consequence, the Facebook stock was unable to slide and fell by nine percent. The course was well on Wednesday after trading with $ 27 just above the recent low of $ 25.52. Meanwhile, the paper has recovered. With voltage present the quarterly figures of Facebook are expected. A botched IPO and numerous unsolved problems have pushed the price of Facebook shares in the first months of melting by about 25 percent. Analysts currently waiting in vain for the perfect monetization strategy, especially mobile content. Recently could sit up also reports of windling membership.

Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.