Why Zynga Shares Soared 42% Higher Last Month

09:47am, Monday, 07'th Feb 2022
The mobile-game studio took a buyout offer from a leading maker of PC and console games.
A surge of gaming deals that include Wordle, Activision and Zynga are part of an industry-wide fear of missing out.
A new month is here and with it comes events and news items that can drive the direction of stocks and certain sectors. Heres a look at some ETFs that should be on investors radars for the month of February. Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE: NERD ) Launched: June 2019 Assets Under Management: $53 million Price: $23.45 52-Week Range: $21.71 to $39.37 Year-to-date: -5.0% One of the biggest themes in 2022 has been acquisitions in the video game space. The activity heating up could make video game ETFs like NERD worth taking a look at. Microsoft Corp (NASDAQ: MSFT ) announced it was buying Activision Blizzard (NASDAQ: ATVI ) for $95 a share in the largest video game deal ever. Other big deals include Take-Two Interactive (NASDAQ: TTWO ) buying Zynga Inc (NASDAQ: Full story available on Benzinga.com

Did The Smart Money Play Zynga Inc (ZNGA) Correctly?

12:00am, Thursday, 03'rd Feb 2022 Insider Monkey
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings.
Zynga (ZNGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ben Thompson / Stratechery : How the acquisitions of Zynga by Take-Two, Activision Blizzard by Microsoft, and Bungie by Sony reveal an industry evolution that extends far beyond gaming Another week, another gaming acquisition. First Take-Two acquired Zynga, then Microsoft acquired Activision-Blizzard
In the latest trading session, Zynga (ZNGA) closed at $9.07, marking no change from the previous day.
Microsoft has been extremely acquiring gaming studios to bolster its Xbox and PC gaming portfolio. It recently announced a move to acquire Activision Blizzard Inc in a multi-billion dollar deal. Apart from this, Take-Two Interactive Corp recently announced its move to acquire mobile game developer Zynga Inc. To keep up with the pace, Sony Group Corp has announced that [] Sony to acquire Bungie, could pitch Destiny series against the Call of Duty franchise

Sony to buy ''Destiny'' videogame developer Bungie in $3.6bn deal

07:27am, Tuesday, 01'st Feb 2022 Business Recorder
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the "Halo" videogame and developer of "Destiny", in a deal valued at $3.6 billion, making it the latest in a wave of consolidations sweeping the gaming sector. Bungie will join Sony''s PlayStation family, the US company said in a blog post, as the Japanese conglomerate strengthens its network of in-house gaming studios behind hits such as "Spider-Man" to take on cash-rich rivals. Microsoft Corp, whose XBox consoles have long lagged Sony''s PlayStation in sales, pitched a whopping $69 billion for "Call of Duty" maker Activision Blizzard earlier in January. "While this is one of Sony''s biggest-ever acquisitions, the amount paid by Microsoft puts into context the heavy competition faced in this sector," said Piers Harding-Rolls, gaming analyst at Ampere Analysis. Sony ends down nearly 13 percent on Microsoft Activision deal Bellevue, Washington-based Bungie, which was owned by Microsoft before going private in 2007, had worked on the "Halo" videogame series when it was under the software giant.
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the Halo videogame and developer of Destiny , in a deal valued at $3.6 billion, making it the latest in a wave of consolidations sweeping the gaming sector. Bungie will join Sonys PlayStation family, the US company said in a blog post , as the Japanese conglomerate strengthens its network of in-house gaming studios behind hits such as Spider-Man to take on cash-rich rivals. Microsoft, whose Xbox consoles have long lagged Sonys PlayStation in sales, pitched a whopping $69 billion for Call of Duty maker Activision Blizzard earlier in January. While this is one of Sonys biggest-ever acquisitions, the amount paid by Microsoft puts into context the heavy competition faced in this sector, said Piers Harding-Rolls, gaming analyst at Ampere Analysis. Bellevue, Washington-based Bungie, which was owned by Microsoft before going private in 2007, had worked on the Halo videogame series when it was under the software giant.

Sony Announces Its Acquiring Bungie For $3.6 Billion

09:30pm, Monday, 31'st Jan 2022 State Of Press
Sony Interactive Entertainment has announced it is purchasing Bungie for $3.6 Billion. That means the studio that created Halo and Destiny is coming under the PlayStation umbrella. Sonys announcement caps off an acquisition-heavy January that saw Take-Two buy Zynga for $13 billion and Microsoft announce plans to acquire Activision Blizzard for $68.7 billion. Bungie posted
These top-ranked Nasdaq stocks returned more than 20% in January despite the index's downbeat performance.
SAN FRANCISCO--(BUSINESS WIRE)---- $ZNGA #earnings--Zynga to Report Fourth Quarter and Full Year 2021 Financial Results on February 9, 2022

Zynga pulls out the 2022 app monetization strategy crystal ball

08:21pm, Tuesday, 25'th Jan 2022 VentureBeat
Zynga talks about what publishers and developers should expect from upcoming ecosystem changes, and what they need to prioritize in 2022.
Zynga talks about what publishers and developers should expect from upcoming ecosystem changes, and what they need to prioritize in 2022.
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