Zynga Inc. Cl A share rises Thursday, outpacing the market

Shares of Zynga Inc. Cl A ZNGA,
+ 4.85%
rose 4.85% to $ 12.10 on Thursday, on what turned out to be an all-round grim trading session for the stock market, with the NASDAQ Composite Index COMP,
-0.72%
down 0.72% to 13,865.36 and Dow Jones Industrial Average DJIA,
-0.38%
decreased by 0.38% to 31,493.34. This was the stock’s second consecutive day of profit. Zynga Inc. Cl A closed down $ 0.17 from its 52-week high ($ 12.27), which the company hit on Feb. 11.

The stock outperformed some of its competitors on Thursday, such as Microsoft Corp. MSFT,
-0.17%
fell 0.17% to $ 243.79, Electronic Arts Inc. EA,
+ 1.08%
rose 1.08% to $ 147.41, and Take-Two Interactive Software Inc. TTWO,
+ 0.15%
rose 0.15% to $ 196.23. The trade volume (48.7 million) eclipsed the 50-day average volume of 24.1 million.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

Source