Zynga reports fewer players of its online games, s
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Posted On: 04/24/2013 5:15:05 PM
Zynga reports fewer players of its online games, shares drop
By Gerry Shih SAN FRANCISCO (Reuters) - Zynga Inc said on Wednesday the number of people playing its online games dropped dramatically in the first quarter, a development that overshadowed better-than-expected revenues and sent its stock tumbling in after-hours trade. Shares fell 10 percent to $2.99 in extended trading. The San Francisco-based publisher behind games like "FarmVille" and "Words With Friends" said its number of monthly players continued its decline to 253 million, the lowest figure since the number peaked at 331 million at the end of the third quarter of 2012. ...
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