ZZZ-Zynga’s awake: CEO
Zynga CEO Mark Pincus said the recent slide in the company’s stock price has not hindered employee recruitment, and it was too early to tell whether the $183 million purchase of the game “Draw Something” has been a success.
Zynga, which went public last year, has seen its shares fall 25 percent since Facebook’s disappointing IPO. It generates a significant portion of its revenue from games that are used on Facebook.
Shares fell 3.6 percent, or 22 cents, to $5.87 yesterday.
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