Zynga reported a quarterly loss that was in line with analysts' expectations on Wednesday, while its revenue surpassed projections, sending shares higher in after-hours trading.
In 'Company News', Bloomberg's Francine Lacqua reports on the top business stories of the day. She speaks on Bloomberg Television's 'On The Move'.
If the Zynga story were a Hollywood movie, this would be the close of the second act; the point at which everything goes wrong for the protagonist.
Zynga is in trouble; at least, that's what the markets tell us.