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Zynga Shares Sink 12% After Renegotiated Partnership With Facebook Makes It Just A Regular Developer

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http://techcrunch.com – You might think Zynga’s newfound flexibility from the end of its exclusivity agreements with Facebook would encourage investors. Instead, $ZNGA is down 12.21% after-hours, likely because it’s lost its special relationship with the social network. Now it can launch games elsewhere and use non-Facebook payments and ads on Zynga.com, but it might stop getting valuable preferred treatment. As of 4:30 pm PST Zynga’s share price is down $0.32 or 12.21% to  $2.30 in after-hours trading, while $FB is holding steady (down just 0.07%). That’s after a good day of regular tradin (IT news)