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.