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Its price seems to have been corrected to $7.80 which is down 5% on the day but not as bad as before. I wonder if someone just keyed in an order wrong?
by maximilianburke 14y ago
Its price seems to have been corrected to $7.80 which is down 5% on the day but not as bad as before. I wonder if someone just keyed in an order wrong?
- RobAtticus 14y agoMy guess is FB bottomed out and is now trending steadily up, so "panic mode" has subsided somewhat. Also, perhaps some big players saw Zynga at near $7 being quite a value so they swooped in.
- maximilianburke 14y agoIt doesn't appear to be trading though, just a price correction.
- RobAtticus 14y agoActually it was just halted again after coming back briefly. Source: http://www.reuters.com/article/2012/05/18/us-zynga-trading-idUSBRE84H0RU20120518 http://www.reuters.com/article/2012/05/18/us-zynga-trading-i... It definitely wasn't a mistake the first time, I watched it tumble from $8 down to $7.17 in reasonable intervals