Zynga Users Decline as More Facebook Usage Goes Mobile, Says Cowen
Posted on June 12, 2012 at 10:54 AM EDT
Shares of online games provider Zynga (ZNGA) are down 55 cents, almost 10%, at $5 after Cowen & Co.’s Doug Creutz this morning reiterated a Neutral rating on the shares, writing that daily average unique users for its games, such as “Words with Friends,” declined by 4.8 million to 54.2 million between May 1st and [...]