Znga麻烦大了# Stock
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Zynga (ZNGA) and its underwriters have been hit with a class-action suit
over the huge insider sales conducted through an April 3 secondary offering,
Those sales happened at $12 - Zynga is trading at 1/4 that level following
a brutal Q2 report. However, as Dan Primack points out, the plaintiffs' case
is hurt by the fact Zynga delivered a Q1 beat following the offering.
over the huge insider sales conducted through an April 3 secondary offering,
Those sales happened at $12 - Zynga is trading at 1/4 that level following
a brutal Q2 report. However, as Dan Primack points out, the plaintiffs' case
is hurt by the fact Zynga delivered a Q1 beat following the offering.
