3 Buzzing Social Media Stocks: Zynga’s Addition to Its Arsenal, Facebook Tries Out New Revenue Channels, and Groupon Rides an Upgrade

Zynga (NASDAQ:ZNGA): Still buoyed by the news that Microsoft’s (NASDAQ:MSFT) Xbox division leader, Don Mattrick, will be taking up a high-profile position at Zynga, investors are packing on significant share gains for the second day in a row. Jim Cramer weighed in, saying: “[$1.6 billion] in cash for a [$2.4 billion] market cap with a new CEO — that seems pretty hopeful. I am mindful about how well GRPN did after sacking Mason.” Fast Company points out that Mattrick was “the force behind The Sims” at Electronic Arts, and championed the Kinect at Microsoft.

ZNGA