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Zynga shares continue to fall following 'Zynga Unleashed' press conference

'FarmVille 2' doesn't excite the stock market


Zynga stops continue to fall following the company's unimpressive Zynga Unleashed press conference this week.

Zynga's price shares dropped an additional four percent today, continuing the trend of a downturn in stocks following the company's recent "Zynga Unleashed" press conference this week.

Stocks in the company were beginning to see a turn-around following the Facebook IPO until this Tuesday when Zynga revealed its future plans for new games, updated services, and an API for third-party developers.

Its "Zynga Unleashed" conference failed to impress investors and stocks, which were up significantly at mid-day, dropped by 33 cents.

Today stocks fell 25 cents and closed at $5.38 with a low of $5.26.

It is believed that this is the result of continued concerns regarding Zynga's ability to monetize the mobile market.

This week the company revealed upcoming titles including Farmville 2 and released The Sims Social-like title The Ville.

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