4 Young-Gun Stocks Trying to Stay Cool

These newer stocks on the block target teens, which isn't easy

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Zynga

Zynga185 4 Young Gun Stocks Trying to Stay CoolTotal Return: -73%

If you’re a parent, you’ve likely had to tell your teen to stop playing on his or her smartphone … and Zynga (ZNGA) has more than likely been to blame behind the scenes.

See, the social gaming company is the name behind popular pastimes like Scramble With Friends and Draw Something, as well as the ubiquitous FarmVille fad.

Unfortunately, such popularity hasn’t provided much promise from an investor’s point of view. Znyga has lost nearly three-quarters of its value since the first day of trading … despite a decent 16% year-to-date improvement.

For a quick glimpse into the company’s struggles, just remember back to the start of the month: The gaming company slashed its work force by a whopping 18% thanks to slowing growth. Zynga also has had a rough go of replenishing its aging hits with new ones.

Seems like Zynga enjoyed its glory days long before it ever became publicly traded.


Article printed from InvestorPlace Media, http://investorplace.com/2013/06/4-young-gun-stocks-trying-to-stay-cool/.

©2014 InvestorPlace Media, LLC

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