9.89 +0.04 (0.41%)
After hours: 5:39PM EST
|Bid||9.85 x 21500|
|Ask||9.88 x 38800|
|Day's range||9.83 - 10.40|
|52-week range||5.65 - 12.32|
|Beta (5Y monthly)||0.14|
|PE ratio (TTM)||N/A|
|Earnings date||04 May 2021 - 10 May 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.04|
Zynga Teams up with Girls Who Code to Help Raise Awareness and Support for Women in Tech
Facebook and Alphabet have delivered impressive returns for investors over the last five years, but challenges are mounting. To help readers identify promising companies, we put together a panel of Motley Fool contributors and asked each member to spotlight a tech stock that looks poised to thrive even as some industry leaders are coming under pressure. Read on to see why they think Zynga (NASDAQ: ZNGA), Pinterest (NYSE: PINS), and Magnite (NASDAQ: MGNI) have what it takes to be big winners.
Zynga (NASDAQ: ZNGA) has made smart use of acquisitions to fuel its growth for several years, and it just landed another one with Echtra Games. Zynga didn't disclose the purchase price, so it was likely a small deal, but the potential returns from this one acquisition could be significant as Zynga aims to tap into the talent at Echtra to expand its gaming empire beyond mobile devices. A key reason why Zynga acquired Echtra Games is the expertise the studio has in developing cross-platform games, which Zynga has in its current development pipeline.