What is Zynga new stock symbol?

Zynga Inc (ZNGA)

What is going to happen to my Zynga stock?

Shares of Zynga will cease trading after the market close on May 20, 2022, and following the closing, Zynga will no longer be listed on the NASDAQ exchange.

What happens to my Zynga stock after merger?

Shares of Zynga will stop trading after the market close Friday, May 20, and will delist from Nasdaq. Zynga stock (ZNGA) is up 1.1% to $8.55. The terms of the merger deal mean that Zynga stockholders will be entitled at closing to $3.50 in cash and 0.0406 shares of Take-Two common stock for each share of Zynga owned.

What happened to my Zynga stock on Robinhood?

This stock is no longer active on Robinhood. Sign up for a Robinhood brokerage account to watch Zynga and buy and sell other stock and options commission-free. Other fees may apply. See Robinhood Financial's fee schedule to learn more.

How to buy ZNGA stock?

Zynga Stock Price Forecast 2022 - Is Zynga Stock A Buy In 2022?

How high can ZNGA stock go?

ZNGA Stock 12 Months Forecast

Based on 9 Wall Street analysts offering 12 month price targets for Zynga in the last 3 months. The average price target is $8.92 with a high forecast of $10.00 and a low forecast of $7.80.

What is Zynga Inc symbol?

Zynga (ZNGA) Stock Price & Analysis.

Will Zynga stock recover?

Zynga Inc quote is equal to 8.180 USD at 2023-03-26. Based on our forecasts, a long-term increase is expected, the "ZNGA" stock price prognosis for 2027-05-21 is 13.617 USD. With a 5-year investment, the revenue is expected to be around +66.47%. Your current $100 investment may be up to $166.47 in 2028.

Why is Zynga stock so low?

For perspective, Zynga was a market-beating investment in 2020, up 61%. But 2021's underperformance has caused Zynga stock to fall to levels not seen since May 2019. Because of this, its cumulative three-year returns are now losing to the market.

Why would Take-Two buy Zynga?

Adding Zynga's stable of app developers is meant to help Take-Two roll out more smartphone versions of its popular titles. Zynga will also help Take-Two expand its revenue from so-called recurrent consumer spending, in which players pay for new content and upgrades within games.

How much is Take-Two paying for Zynga stock?

In a tie-up of two massive but very different makers of video games, Take-Two Interactive TTWO +2% agreed today to buy Zynga ZNGA 0.0% in a cash-and-stock takeover worth $12.7 billion. It's the biggest acquisition of all time in the video game space.

What are the terms of the Zynga acquisition?

Terms of the Acquisition

Zynga stockholders will receive $3.50 in cash and $6.36¹ in shares of Take-Two common stock for each share of Zynga common stock outstanding at the closing.

Has Zynga stock ever split?

Co.'s advertising services provide ways for marketers and advertisers to reach and engage with its players while allowing continued operation of a free-to-play business model. According to our ZNGA split history records, ZNGA has had 0 splits. To make the "Dividend Channel S.A.F.E.

Will Zynga pay dividends?

Zynga (ZNGA) does not pay a dividend.

Is Zynga a good long term investment?

Zynga's gross margin has been in long-term decline, losing an average of -2.6% per year. That's not inspiring. Zynga has a debt/equity ratio of 0.47 as per the latest quarter, which is not either bad or good. Zynga for the fiscal year 2021 reported higher long-term debt, lower short-term debt and lower cash.

Is Zynga a buy sell or hold?

Zynga Inc.

At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Should I buy shares in Zynga?

Zynga Financial Outlook

Analysts generally believe Zynga is underweight and its stock price target is estimated at a $12.00 value. Its price-to-sales ratio is over 33% lower than it was a year ago, but it's operating cash flow of $161 million last quarter is an 11 percent year-over-year increase.

Will Zynga be acquired?

Take-Two Interactive has officially acquired social and mobile gaming company Zynga. The $12.7 billion acquisition, announced in January, was completed Monday.

Who is Zynga merging with?

New York, NY and San Francisco, CA – January 10, 2022 – Take-Two Interactive (NASDAQ: TTWO) (the “Company”) and Zynga (NASDAQ: ZNGA), two leaders in interactive and mobile entertainment, today announced that they have entered into a definitive agreement, under which Take-Two will acquire all of the outstanding shares ...

When the Zynga deal is going to close?

The deal will come to completion on Monday, May 23, 2022.

What was Zynga IPO value?

Zynga went public in December 2011 at $10 a share, and spent a few months after the initial public offering trading higher than that price.

Why is Zynga suspended?

Verbally harassing, abusing or harming another person or group. Participating in table collusion (team play) Conducting commercial activity (chip buying and/or selling) Using automation software or design cheats.

Why is Zynga being sued?

App maker Zynga agreed to a $12 million settlement to resolve class action lawsuit claims it operated illegal gambling schemes through mobile slot game apps.