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Pompano Beach, FL -- (SBWIRE) -- 02/08/2013 -- Gaming developer for Social networking sites Zynga Inc. (NASDAQ:ZNGA) has finally taken a sigh of relief after being in hot water for whole 2012.
Recent earnings from social gaming developer Zynga (ZNGA) indicated that the firm looks to be enhancing.
Will ZNGA Continue To Move Higher? Find Out Here
Ecommerce Times announced late on Feb. 7 that stock of Zyngagot a rise and hit $3. Though, the quarterly financial performance also shows that growth has halted at the firm, and critical modifications are still designed by the CEO.
Zynga (ZNGA) disclosed that it ran out of users in 2012, as the amount declined to 298 million from 311 million.
Though, its quarterly performance of $311 million shocked few experts who predicted the firm to report lesser figures. Nonetheless, Zynga(ZNGA) is still experiencing issues, and its slight enhancements might not stay forever.
Zynga Inc (NASDAQ:ZNGA) shares so far in this session gained +6.15% to $3.27 with the Stock being traded within the range of $3.12 – $3.33. In the past year, it has not traded below $2.09 and was unable to surpass $15.91. The current session’s volume of 34.48 million shares is higher from the average daily trading volume of 24.13 million shares.
Why Should Investors Buy ZNGA After The Recent Gain? Just Go Here and Find Out
Turning to some other stocks in the tech sector, AOL, Inc, Groupon Inc and Akamai Technologies, Inc are in the volume leaders list. Below in this article, we will have a quick look on their Market performance.
So far in the ongoing trade, AOL, Inc. (NYSE:AOL) shares are up +7.93% to $33.88 while the stock has traded within the range of $33.65 – $35.84. In the last 52-week period, shares changed hands between $16.80 and $43.93. The current session’s volume of 3.38 million shares is higher than their average daily trading volume of 1.06 million shares.
For How Long AOL’s Gloss will Attract Investors? Find out via this report
Groupon Inc (NASDAQ:GRPN) shares in the current session moved up +2.35% reaching at $5.40. The stock traded in a range of $5.32 – $5.50. In the last year the stock has moved within a range of $2.60 – $22.47. The current session’s volume of 3.32 million shares is lower from their average daily trading volume of 11.64 million shares.
For How Long GRPN will Fight for Profitability? Read This Trend Analysis report
Another rival company, Akamai Technologies, Inc. (NASDAQ:AKAM) is at a discount of -0.67% to $35.03. In today’s trading so far, the stock price was found in a range of $34.78 and $35.53. In the previous 52 weeks the stock’s price ranged between $25.90 and $42.53. The current session’s volume of 2.63 million shares was lower from their average daily trading volume of 3.16 million shares.
Why Should Investors Buy AKAM After the Recent Fall? Just Go Here and Find Out
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