Shelly Palmer

Zynga IPO Disappoints Investors

Zynga

Zynga, the company behind some of Facebook’s most popular games, had a poor day of trading in its first day on the market this past Friday. The stock closed at $9.50, down 5% from its initial public offering. While Zynga sold more outstanding shares than LinkedIn and Groupon’s IPOs, many believe that interest in high-valuation Internet companies is waning. Read the full article at WSJ.com