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

'FarmVille 2' doesn't excite the stock market

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zynga

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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