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Farmville fatigue? Zynga's stock drops below $5
It seems like quite a few Internet users are letting their virtual gardens grow weeds this harvest season. Zynga's (ZNGA) stock hit an all-time low Tuesday and dipped below $5 for the first time, as...
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Facebook may finally get some Wall Street love
I doubt that there were any champagne corks popping in Facebook's (FB) Menlo Park headquarters Monday. But for what it's worth, Facebook hit a milestone in its brief history as a public company:...
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The anti-Facebook: ServiceNow soars in IPO
Did Morgan Stanley get it right this time? Morgan Stanley (MS) certainly made investors happy Friday, a day after it priced cloud computing company ServiceNow's initial public offering at $18 a share....
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Facebook analyst: Sell to buy in 2 months
Pivotal Research Group analyst Brian Wieser was the first analyst to assign a "sell" rating on Facebook back in May, when the social media day giant made its big (botched) public debut. Later that...
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Groupon: Social media's Pets.com?
At this rate, Groupon (GRPN) may never get back to a $6 billion market value. That number, in case you forgot, is what Google (GOOG) reportedly offered to buy Groupon for back in 2010. Groupon went...
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Facebook stock hits new low
Facebook really can't catch a break. Shares of the social network hit an all-time low Friday after Bank of America-Merrill Lynch analysts lowered their price target and warned of headwinds for the...
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Facebook stock jumps 19% - best gain since IPO
Facebook's stock surged more than 19% Wednesday, marking its best one-day gain since the company went public by far, as investors welcomed a healthy boost in sales. The social media giant delivered...
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First Chinese IPO since April rises 10% in debut
YY, the first Chinese company to brave the U.S. initial public offering market since April, was expected to meet a wary investor base Wednesday. Yet YY's (YY) stock managed to rise 10% in its debut...
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Zynga bets farm on gaming in Nevada
High stakes FarmVille anyone? Shares of Zynga (ZNGA) surged 5% early Thursday after the company said it had filed an application for a gaming license in Nevada. The news, announced late Wednesday by...
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