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July 26, 2012 05:18 pm GMT

How Zynga Can Save Itself: Better Games, Not Gambling




Mashable OP-ED: This post reflects the opinions of the author and not necessarily those of Mashable as a publication.

For those of us who lived through the dotcom crash of 2000, plummeting tech stocks are nothing new. But I can't remember ever seeing a company lose 40% of its value in just a few hours -- and that's what happened to Zynga Wednesday afternoon.

The online gaming giant's share price, which once stood as high as $16, has been trading in the region of $5 recently -- until it released its second quarter earnings report Wednesday, and the price wilted like an untended FarmVille crop to $3 in after-hours trading.

Investors, it seemed, had finally lost patience with Zynga founder and CEO Mark Pincus, and his vague explanations of how the company will continue to grow.

I can't say I bla…
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More About: Draw something, Opinion, Zynga, farmville, trending, words with friends


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