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My 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 qu
by RobAtticus 14y ago
My 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