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ZNGA - ZNGA STOCK NEWS

Welcome to our dedicated page for ZNGA news (Ticker: ZNGA), a resource for investors and traders seeking the latest updates and insights on ZNGA stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ZNGA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ZNGA's position in the market.

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Zynga Inc. (Nasdaq: ZNGA) has partnered with the Black Eyed Peas for the #PlayApartTogether initiative, promoting positivity and safety during the holiday season. The campaign features personal videos from the group's founding member, Taboo, conveying encouragement amidst the pandemic. Launched to engage the gaming community in fighting COVID-19, #PlayApartTogether has expanded to over 80 gaming companies worldwide, providing support and connection during challenging times. Zynga aims to uplift spirits and foster community through this collaboration.

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Zynga Inc. (Nasdaq: ZNGA) has announced winter holiday festivities for its mobile game Harry Potter: Puzzles & Spells, featuring a limited-time ‘Christmas in the Wizarding World’ collection event. Players can earn a mythical Unicorn and enjoy new holiday-themed decor. International artist Zayn Malik has collaborated with Zynga to create avatar customizations, enhancing player engagement. Seasonal rewards and surprise events will be available through December, with further activities planned for next year.

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Zynga (Nasdaq: ZNGA) has priced $762 million of 0% convertible senior notes due 2026, with a 13-day option for an additional $112.5 million. The notes, which mature on December 15, 2026, have an initial conversion rate of 76.5404 shares per $1,000 principal amount, equating to a conversion price of approximately $13.07 per share. Zynga anticipates net proceeds of $746.3 million, intended for general corporate purposes including potential acquisitions and debt repayment. Noteholders have rights to repurchase under specific conditions, and capped call transactions may mitigate stock dilution.

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Zynga Inc. (Nasdaq: ZNGA) is set to launch Daily Word Wheel, a voice-based puzzle game derived from Words With Friends, exclusively on Google Nest Hub devices. This game introduces daily anagram challenges, allowing players to use voice commands or touchscreens to form words from a five-letter bank. Zynga's President of Publishing, Bernard Kim, emphasized that the partnership with Google expands gaming accessibility beyond specific platforms. Daily Word Wheel will be available for free on Google Nest devices soon.

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Zynga Inc. (Nasdaq: ZNGA) plans to offer $750 million in convertible senior notes due 2026 in a private placement to institutional buyers. An additional $112.5 million may be offered based on demand. The notes will be senior unsecured obligations accruing interest payable semiannually and can be converted into cash, shares, or a combination. Proceeds will be used for capped call transactions, working capital, potential acquisitions, and other corporate purposes. The notes and shares have not been registered under the Securities Act.

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Zynga (Nasdaq:ZNGA) announces a partnership with Liberty Walk for its mobile game CSR Racing 2. Starting December 9, players can join the 'Design A Wrap' competition, creating custom car wraps for a chance to see their design featured on a real-world Toyota Supra. The Elite Tuners feature will enhance customization options, allowing players to express their creativity with body kits and rare cars. The winning design will be revealed on February 20, 2021. Zynga emphasizes the innovation and engagement this collaboration will bring to CSR2 players globally.

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Zynga, a leader in interactive entertainment, announced its participation in two upcoming virtual investor conferences. Ger Griffin, the CFO, will speak at the Nasdaq Virtual Investor Conference on December 2, 2020, at 2:00 PM GMT. Frank Gibeau, the CEO, will present at the UBS Global TMT Virtual Conference on December 9, 2020, at 9:20 AM ET. Investors can access live audio webcasts of these events on Zynga's Investor Relations website, with replays available afterward.

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Zynga Inc. (Nasdaq: ZNGA) reported remarkable Q3 2020 results, achieving its highest quarterly revenues and bookings to date, driven by a successful multi-year growth strategy. CEO Frank Gibeau highlighted the positive momentum across their live services, including the global launch of Harry Potter: Puzzles & Spells and the acquisition of Rollic, expanding into the hyper-casual games market. The company is raising its full-year 2020 guidance, positioning itself as a leader in interactive entertainment for 2021 and beyond.

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Zynga Inc. (Nasdaq: ZNGA) announced a collaboration with Dolly Parton, introducing her coined word 'Songteller' as the 'Word Of The Day' in the mobile game Words With Friends. This initiative, launched on October 23, aims to celebrate Parton’s musical legacy alongside her upcoming lyric book. Players can engage with a special video message from Parton and access her upcoming livestream on talkshoplive.

This partnership highlights Zynga's strategy of enhancing player engagement through cultural icons.

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Zynga Inc. (Nasdaq: ZNGA) is set to release its Q3 2020 financial results on November 4, 2020, at approximately 1:05 p.m. PT. A Quarterly Earnings Letter detailing results and future outlook will be available on their website. The company will also host a conference call at 2:00 p.m. PT to discuss results, where questions will be addressed. Investors can access the call via the website or through dial-in numbers provided in the release.

Zynga is recognized for its interactive entertainment, reaching over 1 billion players worldwide across various franchises.

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FAQ

What is the market cap of ZNGA (ZNGA)?

The market cap of ZNGA (ZNGA) is approximately 9.3B.

ZNGA

Nasdaq:ZNGA

ZNGA Rankings

ZNGA Stock Data

9.30B
1.07B
5.55%
83.58%
15.39%
Electronic Gaming & Multimedia
Communication Services
Link
United States
San Francisco