Zynga Inc (ZNGA) Expected To Report More Losses Despite New Plans

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HFA Staff
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Online gaming stock Zynga Inc (NASDAQ:ZNGA) has had a tough row to hoe since its December 2011 IPO. And while shares of Zynga stock are up more than 40% in 2013, investors shouldn’t expect Zynga earnings to send the stock to new heights. A lot of optimism in Zynga Inc (NASDAQ:ZNGA) lately has come from the poaching of Xbox executive Don Mattrick from Microsoft Corporation (NASDAQ:MSFT) to replace founder Mark Pincus at the helm, coupled with hopes that efforts to get into “real” gambling instead of just video game poker will lead to a brand-new revenue stream and significant growth. But both…

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