Zynga shares plummeted more than 10 percent in trading today, with Reuters reporting that the NASDAQ stock exchange has temporarily prohibited investors from short selling the stock, effectively betting on its continued decline.
Bad doggie. The Farmville developer closed today's trading at $4.98, down from yesterday's close of $5.55. Zynga had its IPO late last year, with its stock initially trading at $10 per share. It topped out at $15.91 in late February, but has since been trending downward.
Today's declines were attributed to an investor report from Cowen & Co. in which analyst Doug Kreutz said the market for Facebook games was in an accelerating user tailspin. NASDAQ also stopped trading in Zynga last month, after the disappointing Facebook IPO had investors indiscriminately dumping shares in multiple social media companies.
zpostcode 
Recruit 
weather 
mreligion 
Yellowpages 
sport 
constellation 
shopping 
name 
game 
directory 
literature 
Word 
tour 
furnish 
Lottery 
tftnews 
lyrics 
News 
digital 
car 
dir 
Edu 
Finance 
