Comment on Investors Dumping Social Networking Stocks En Masse

Investors Dumping Social Networking Stocks En Masse

Mark Pincus: Zynga

Investors appear to be souring on social networking shares, a development which bodes ill for the eventual IPOs for Facebook, Twitter and other players in the industry. Perhaps unnerved by the lackluster reception for Zynga shares, the sector took a pounding in Monday?s trading. Zynga, which went public Friday at $10 a share, and dropped ...

 

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