Shares of Zynga Respond to Sterne Agee's Consensus Estimate Concerns
January 16, 2014 at 16:13 PM EST
Shares of Zynga, Inc. (NASDAQ: ZNGA ) fall as much 12.41% following Sterne Agee analyst Arvind Bhatia's concern over estimates and expectations. Bhatia wrote that he sees risks to consensus estimates for the fourth quarter, first quarter and FY2014 estimates based on current traffic trends for Zynga's key titles.
