4 Tech Stock Stories for Monday Investment Scanning

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Zynga (NASDAQ:ZNGA): Current price $3.53

In a move to further reduce costs, Zynga is shutting its Baltimore studio, thereby consolidating its presence in New York City and Texas. This closure follows a series of cost-cutting endeavors that included shutting its Boston and Tokyo offices, along with layoffs for around 5 percent of the firm’s workforce. Those decisions allowed Zynga to save $25 million last quarter.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.


More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business