Zynga (ZNGA) IPO Now Indicated to Open
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Today's much anticipated IPO for Zynga, Inc. (Nasdaq: ZNGA) is now indicated to open. Shares are expected to begin trading at approximately 11:00AM. This time is subject to change. The company priced 100M shares at $10.
Shares are indicated to open around $12.
The offering is being led by Morgan Stanley and Goldman Sachs.
Zynga will have approximately 700 million shares outstanding after the offering, giving the company a valuation of $7 billion.
Shares are indicated to open around $12.
The offering is being led by Morgan Stanley and Goldman Sachs.
Zynga will have approximately 700 million shares outstanding after the offering, giving the company a valuation of $7 billion.
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