Orlando, FL -- (SBWIRE) -- 10/09/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Groupon Inc (NASDAQ:GRPN), Zynga Inc(NASDAQ:ZNGA).
Groupon Inc (NASDAQ:GRPN) stock declined 4.58% to $10.52. The company on Oct. 3 announced the appointment of four new executives: Robbie Schwietzer to Senior Vice President of Operations, Lisa Kennedy to Vice President, General Manager, of Groupon Reserve, David Kerr, Vice President, General Manager, of Home Services, and Hoke Horne, Vice President of Global Commercial Finance.
Additionally, Groupon and City Harvest, the world's first food rescue organization, are partnering to present the One Groupon, One Meal campaign set to launch Sept. 23, and run through Sept. 29. Every time a subscriber purchases a Groupon from the food and drink offerings in New York City, Long Island or Westchester County, Groupon will donate the cost of one meal to City Harvest.
Are investors worried about the recent updates with GRPN? Find out with a free trend analysis HERE
Zynga Inc(NASDAQ:ZNGA) shares declined 4.32% to $3.54. The company will hold a conference call to discuss financial results for its third quarter on Thursday, October 24, 2013, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), following the release of its financial results after the close of market.
Additionally, the company on Sept. 30 settled a lawsuit against the maker of “Bang With Friends,” a casual sex Internet application, alleging infringement of Zynga’s trademark for its “with friends” family of games. Lawyers for the two companies asked a federal judge to dismiss the case in light of the settlement, according to a filing today in federal court in San Francisco.
Is ZNGA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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