Thursday, 4 October 2012

'Draw Something' erasing Zynga profits

ynga's shares plummeted 19% in after-hours trading after the troubled social gaming company cut its financial projections for the year and announced it would write down nearly $100 million from its recent acquisition of OMGPOP, the maker of "Draw Something."


Source: http://feeds.latimes.com/~r/latimes/business/~3/ONZRT9o_50E/la-et-ct-zynga-draw-something-write-down-20121004,0,6047732.story

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