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Zynga Inc (NASDAQ:ZNGA) is near to debut its real-money gaming efforts in the UK, in relation to two landing pages released today.
Zynga Plus Poker and Zynga Plus Casino are both available in the US, but as soon as it goes live, players will have to be positioned in the UK and over the age of 18 to lawfully play.
Is ZNGA a Solid Investment at These Levels? Read This Report For Details
At present, the sites are being used mainly as a marketing tool to get the word out and to start gathering email addresses before the official release.
A Zynga spokesperson refused to comment. One thing that’s obvious is how much social is being highlighted. The tag lines for the particular sites are “Casino For The People” and “Poker For The People.”
At the current trading session, Zynga Inc (NASDAQ:ZNGA) shares are up +3.43% to $2.41 while the stocks are trading within the range of $2.35 – $2.41. In the past year, the stock has traded within a range of $2.09 – $15.91. Average daily trading volume is 19.08 million shares.
For How Long ZNGA will Fight for Profitability? Read This Trend Analysis report
If we look at a few other stocks within industry, Yelp Inc, Web.com Group, Inc. and TheStreet, Inc. were in the gainers. Let’s have a quick look on their Market performance.
Yelp Inc (NYSE:YELP) shares are up +1.68% to $18.75 while the stock is trading within the range of $18.26 – $18.75 in the current trading session. In the last 12 months the shares have traded between $14.10 and $31.96. The average daily trading volume is 967,908 shares.
What was the Moving Force behind YELP On Bullish Run? Read This Research Report on YELP
Web.com Group, Inc. (NASDAQ:WWWW) shares in the current session moved up +0.27% reaching $14.84. The stocks are trading in a range of $14.81 – $15.02. In the last year the stock has moved within a range of $10.54 – $19.72. The Company’s average daily trading volume is 358,372 shares.
Will WWWW Continue To Move Higher? Find Out Here
Another rival company, TheStreet, Inc. (NASDAQ:TST), is trading up +1.84% to $1.66. Intraday trading recorded the stock price in a range of $1.60 to $1.66. In the previous 52 weeks the stock’s price ranged between $1.20 and $2.30. Their average daily trading volume is 101,257 shares.
For How Long TST’s Gloss will Attract Investors? Find out via this report
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